=TREND inconsistency?
Posted by Andy Cantrell on July 26, 2001 1:36 PM
Have roughly the following:
A B C D E
1 Date 7/3 7/10 7/17 7/24
2 Used 62.7 44.9 30.0 89.6
3 Estimate 8/23
Using the TREND function as: =TREND(B2:E2, B1:E1, B3)
The resulting value, 94.8, I presume to be the estimated
value on date 8/23 (approx 4 weeks from 7/24). So far so
good.
The oddity comes in when I use: =TREND(B1:E1, B2:E2, 94.8)
I was hoping to get something -close- to 8/23. What I'm seeing
is 7/11. I realize that TREND uses linear regression, but
does this much variation between results seem acceptable to
anyone else?