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Trend? Growth? Mathematic approach needed.

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    Trend? Growth? Mathematic approach needed.

    Dear All,

    I asked this yesterday…and I have even seen that someone had reply…but for one reason or another, the post has been deleted (don’t know why…) and I need to come back to this issue once again…

    Let’s put this way: I have to estimate (or foresee) the number of item X sales for the upcoming years (2010-2018). I have the 2006-2009 sales numbers plus the number of customer visits recorded in those years. There is a relation between the number of customer visits and the number of sales (this is a key factor). Please check the attachment.

    From the tables I can easily establish a relation between the number of sales vs. number of customer visits (how many customer visits needed to sale one item). I want to learn from this relation and establish one trend (key factor).

    I also know that the number of customer visits will be 2000 from now on (2010-2018).

    How many items am I expected to sell in 2010…etc? I’m puzzled whether to use “growth” or “trend” (I am not experienced in any of these formulas)…or it might be a completely different mathematic approach. Voice your opinions please!

    Thanks in advance for your valuable help.

    Regards.
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    Forum Moderator zbor's Avatar
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    Re: Trend? Growth? Mathematic approach needed.

    =trend($b$6:$e$6;$b$5:$e$5;f5; )

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    Re: Trend? Growth? Mathematic approach needed.

    See file. Here was used TREND, FORECAST, and GROWTH, Pick one.
    Attached Files Attached Files
    Люди, питающие благие намерения, как раз и становятся чудовищами.

    Regards, ?Born in USSR?
    Vusal M Dadashev

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    Re: Trend? Growth? Mathematic approach needed.

    Thank you both for your help.

    Is there any way we can add the relation Sales vs. Customer visits to these formulas?
    As i said...we can know how many customer visits are needed to sell one item. If a assume i will have 2000 visits...how will it affect the formulas that you guys presented?

    Thks once again!

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    Forum Expert shg's Avatar
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    Re: Trend? Growth? Mathematic approach needed.

    Here's the results from yesterday with visits extrapolated:
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    And here with your assumptions plugged in:
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    Note A1:C1 is an array formula; select all three cells, paste the formula (sans curly braces), press and hold Ctrl and Shift, then press Enter.
    Entia non sunt multiplicanda sine necessitate

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