+ Reply to Thread
Results 1 to 4 of 4

Forecasting numbers (exponential/polynomial/moving average)

  1. #1
    Registered User
    Join Date
    03-19-2009
    Location
    UK
    MS-Off Ver
    Excel 2007
    Posts
    41

    Forecasting numbers (exponential/polynomial/moving average)

    I am trying to forecast a number for 4 periods. I have one row of data B3:AU3 and I'm trying to forecast data for AV3:AY3. I've just run a trendline on a chart and the best fit line is a Polynomial Order 6. Can anyone help with the formula that I would use (or Data Analysis function)?

    Thanks enormously!

    Jason

  2. #2
    Forum Moderator zbor's Avatar
    Join Date
    02-10-2009
    Location
    Croatia
    MS-Off Ver
    365 ProPlus
    Posts
    15,602

    Re: Forecasting numbers (exponential/polynomial/moving average)

    You can "Display equation on the chart"

    You will get something like:

    y = 0,0169x6 - 0,4998x5 + 5,7369x4 - 31,926x3 + 88,363x2 - 110,66x + 50,889

    Just put it in excel table as any other formula, for example:

    =0,0169*POWER(A1;6)-0,4998*POWER(A1;5)+ ...etc...

  3. #3
    Registered User
    Join Date
    03-19-2009
    Location
    UK
    MS-Off Ver
    Excel 2007
    Posts
    41

    Re: Forecasting numbers (exponential/polynomial/moving average)

    Thanks! Hey - bit of a novice here....

    Here's the formula:
    y = -2E-06x6 + 0.0002x5 - 0.0096x4 + 0.2034x3 - 2.0318x2 + 5.5521x + 257.36

    What is the E?

    Thanks
    Jason

  4. #4
    Forum Moderator zbor's Avatar
    Join Date
    02-10-2009
    Location
    Croatia
    MS-Off Ver
    365 ProPlus
    Posts
    15,602

    Re: Forecasting numbers (exponential/polynomial/moving average)

    E is exponent... -2*10^-6=-0,000002

    So your formula look like:

    =-2*POWER(10;-6)*POWER(A14;6)+0,0002*POWER(A14;5)-0,0096*POWER(A14;3)+0,2034*POWER(A14;3)-2,0318*POWER(A14;2)+5,5521*A14+257,36


    Edit: a tip

    For very large numbers it's the same as =-2*POWER(10;-6)*POWER(A14;6)
    (you can ignore everything else)
    Last edited by zbor; 03-20-2009 at 02:55 AM.

+ Reply to Thread

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Search Engine Friendly URLs by vBSEO 3.6.0 RC 1