How to draw trend line in excel

This example teaches you how to add a trendline to a chart in Excel.

1. Fine the chart.

2. Click the + mechanism on the right side of honourableness chart, click the arrow next collide with Trendline and then click More Options.

The Format Trendline pane appears.

3. Choose pure Trend/Regression type. Click Linear.

4. Specify honourableness number of periods to include imprint the forecast. Type 3 in say publicly Forward box.

5. Check "Display Equation provoke chart" and "Display R-squared value object chart".

Result:

Explanation: Excel uses the method center least squares to find a border that best fits the points. Position R-squared value equals 0.9295, which task a good fit. The closer inspire 1, the better the line fits the data. The trendline predicts mosey 120 Wonka bars will be oversubscribed in period 13. You can bear witness to this by using the equation. twisted = 7.7515 * 13 + 18.267 = 119.0365.

6. Instead of using that equation, you can use the FORECAST.LINEAR function in Excel. This function predicts the same future values.

7. The FORECAST.ETS function in Excel predicts a forthcoming value using Exponentia how to draw trend line in excel
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