tiredofit
Well-known Member
- Joined
- Apr 11, 2013
- Messages
- 1,913
- Office Version
- 365
- 2019
- Platform
- 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:
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:
so according to the equation, c = 42,000,000
What is the problem?
Thanks
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: