Linear Regression

tiredofit

Well-known Member
Joined
Apr 11, 2013
Messages
1,913
Office Version
  1. 365
  2. 2019
Platform
  1. Windows
I have two data points in my data, a and b and I am trying to forecast point c.

Assuming a linear relationship, surely point c would be:

Code:
(b-a) + a

However if I use Excel's linear forecast function in the graph, I get an equation that does not give me the same figure.

In my data, a = 32,325,734, b = 35,966,563, so by my calculations, c would be 39,607,393.

The equation of best fit in Excel gives:

Code:
y = 4E+06x + 3E+07

with R^2=1 (correct)

so according to the equation, c = 42,000,000

What is the problem?

Thanks
 
Last edited:

Excel Facts

Whats the difference between CONCAT and CONCATENATE?
The newer CONCAT function can reference a range of cells. =CONCATENATE(A1,A2,A3,A4,A5) becomes =CONCAT(A1:A5)
Sorted: I increased the accuracy of the equation:

Should be:

Code:
y = 3,640,829x + 28,684,904
 
Last edited:
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