Excel is easily one of the most versatile and essential software in any business’s toolbox—it’s used to organize, manage, analyze, forecast and visualize data.The Excel FORECAST.ETS function predicts a value based on existing values that follow a seasonal trend. As the formula is copied down the table, FORECAST.ETS returns predicted values in D13:D16, using values in column B. With these inputs, the FORECAST.ETS function returns 618.29 in cell D13. In the example shown above, the formula in cell D13 is: FORECAST.ETS( B13, sales, periods,4) where sales (C5:C12) and periods (B5:B12) are named ranges.
![]() Forecasting Functions In Excel Manual Formula ToExponential smoothing is used to smooth out irregularities (peaks and valleys) to easily. Excel has an inbuilt function that does a similar calculation as above, and it is known as FORECAST Function.Emailing files back and forth can get confusing…and no one is sure which version is the right one.Functions Data Analysis VBA 300 Examples Ask us Exponential Smoothing This example teaches you how to apply exponential smoothing to a time series in Excel. Y Y1 + (X-X1) (Y2-Y1)/ (X2 X1) This is an example of how to calculate the missing values with the help of a manual formula to understand interpolation.You can access them from almost anywhere in the world ( except China) as long as you have Internet access.Plus, it’s great for collaboration and version control because multiple users can work on the same document simultaneously and the changes are saved automatically.Google Sheets comes with pre-designed, presentation-friendly templates to make setting up your spreadsheet faster. It’s available for free to anyone who has a Google account.All the information lives in the cloud so you don’t have to worry about backing up your files. Google SheetsVery similar in appearance and functionality to Excel, Google Sheets is probably the most popular Excel alternative.It offers timesaving features similar to Excel’s, such as charts and graphs, built-in formulas, pivot tables and conditional formatting. Most of these alternatives are free and cloud-based, so your whole team can access them quickly.In this post, you’ll see several Excel alternatives and you can start exploring the right option for your team.Zoho SheetZoho is a suite of applications that provides operational support for small- to medium-sized businesses.Zoho Sheet is available as part of a free account, and its appearance and functionalities are similar to those of MS Excel. You can upload worksheets from you computer or then download them to work offline.This alternative is great for those who prefer to stay within the “comfort zone” of Excel and can live with the limited feature set, without shelling out the money to purchase the software license. You can open and view all files created in Microsoft Excel even if you can’t use some of the features.Like all cloud-based applications, you can access this app from anywhere with an Internet connection, and collaborate with your team real-time. Excel OnlineMicrosoft Office 365 – a suite of free online applications available to anyone with a Microsoft account – offers a pared down version of their offline equivalent. Since it’s downloaded to a computer, you don’t need an Internet connection to use it.With its open source code, you can modify the program to suit the need of your company any way you see fit. Apache OpenOfficeIntroduced over 20 years ago and installed on over 100 million computers, Apache OpenOffice is an open-source office software suite for word processing, spreadsheets, presentations, graphics, databases, and more.Calc, the Excel equivalent in OpenOffice, performs very well as a data analysis tool, especially for smaller datasets.Data is stored in an international open standard format that runs on Windows, Mac OSX, and Linux, and can read and write files from other common office software packages.Apache OpenOffice can be installed on most computers for free.ThinkFreeThinkFree Office Online is a suite of web-base word processor, spreadsheet and presentation software similar to Google Drive Apps.It’s compatible with Microsoft Office and allows users to create and edit documents within the web app and collaborate with others real-time.The company also offers ThinkFree Office Mobile, a service that allows users to create, view and edit documents on their mobile devices. BimeBime helps you analyze, visualize and present data by integrating information from various sources and creating custom metrics, reports and dashboards.While not designed to deliver all of MS Excel’s features and functions, it offers a timesaving, convenient and user-friendly alternative to Excel’s data visualization capabilities – such as graphs and charts – with more bells and whistles.Bime is a cloud-based software with plans starting at US$490/mo. LibreOfficeIntroduced in 2010, this free open source software is derived from the original Openoffice.org like Apache OpenOffice and has similar features.LibreOffice is available for a variety of computing platforms, including Microsoft Windows, MacOS, and Linux, as well as in the form of an online office suite.It offers Excel features such as pivot table and text to columns but lacks the extensive formatting capability. Ods.The application and storage are cloud-based, so you can access the files from anywhere with an Internet connection, as well as on your mobile device, and collaborate with your team real-time. St dupont lighter serial number checkSheetsterThis open source, standalone web-based spreadsheet program allows you to create, edit and view spreadsheets of a variety of formats.Sheetster can import and export. SPREAD32This free spreadsheet program works with desktop and some mobile devices, and supports most common file formats.Like most common spreadsheet programs, it offers hundreds of formulas and basic Excel functions such as filtering data, inserting charts and conditional formatting.With its pared down visuals and user interface design, this software is very “light,” making the files easily transferrable. FreeOffice 2016The latest version of SoftMaker’s FreeOffice 2016 is fully compatible with Microsoft Office’s file formats, which means you won’t get any surprise when transfer files into MS Office.This free software has an interface similar to that of MS Office, and it has a very fast load time.PlanMaker, FreeOffice’s Excel counterpart, offers features such as conditional formatting and pivot tables that works very much like Excel.It also offers features such as graphics and drawings, as well as data visualization tools, to help you create presentation-ready materials. (You wouldn’t expect anything less from Apple, right?).Numbers for Mac comes with pre-built templates and supports a comprehensive range of data analysis capabilities.It’s integrated into the iOS ecosystem, so if you use an iPhone or iPad, you can easily access your documents from your mobile devices and collaborate with your team.You can save your documents in Excel file formats, for those “PCs” of the world -) 9. ![]()
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