Statistical forecasting using MS Excel | Blue Ocean Academy
Latifa Tower, Dubai
United Arab Emirates

Statistical forecasting using MS Excel

Microsoft Excel FORECAST function returns a prediction of a future value based on existing values provided. The FORECAST function is a built-in function in Excel that is categorized as a Statistical Function.

Course Objective:

  • Understand the role of forecasting in business decisions
  • Learn forecasting techniques like Simple and Moving averages, Exponential Smoothing, ARMA/ARIMA
  • Understanding and improving the accuracy of forecasting models


Course Outcome: 

  • Better forecasts
  • Reduce wastes due to poor forecasting
  • Better decision making

 

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