However, several tools in Excel are readily accessible and easy to use to help with forecasting revenues and costs. The use of regression analysis can significantly enhance the accuracy of your ...

Using Linear Regression Because much economic data has cycles, multiple trends and non-linearity, simple linear regression is often inappropriate for time-series work, according to Yale University.

Use historical data to forecast trends to use in sales, budgets, marketing and more. Excel provides accessible tools to create a graph and display the linear equation.