Linear forecast - predicting future values using linear regression.Exponential smoothing forecast - time series forecasting based on historical data with seasonal or other cycles.Depending in your needs, you can choose one of the following methods: Microsoft Excel offers a few different forecasting tools including built-in features, functions, and graphs. So, you should always double check the results before making a decision. However, forecasting doesn't tell the future definitively, it only shows probabilities. ![]() This method is commonly used to make educated guesses on cash flows, plan budgets, anticipate future expenses or sales, and so on. ![]() Forecasting is a special technique of making predictions for the future by using historical data as inputs and analyzing trends.
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