When you dive into Excel, you quickly realize the power it holds for data analysis and prediction. Two of the most potent tools at your disposal are the TREND and FORECAST functions. These functions ...

Tracking inventory trends helps you determine a quantity that's vital to your business's success: the amount to order for each of your products. If this quantity is too high, your cash is ...

Trend lines are a type of regression analysis, which is a way to study the relationships between variables. In the context of small business, trend lines are often used to show sales trends and can be ...

The IF function is one of the most commonly used functions in Microsoft Excel. With it, you can test a value to see if it meets criteria. If it does, then display one result and if it doesn’t, then ...

Forecasting or prediction is a critical aspect of financial planning that helps in achieving goals through active management and informed decision-making. Prediction typically uses analysis of ...