The Complete Excel Guide: Beginners to Advanced - Statistical Functions for Forecasting - Part 2

The video tutorial covers the use of the Linest function in Excel 2019 for linear regression and forecasting. It explains the advantages of Linest, including its ability to forecast values and assess the accuracy of these forecasts. The tutorial demonstrates using Linest with single independent and dependent variables, and how to apply it as an array formula. Advanced applications of Linest for non-linear relationships are discussed, along with an explanation of the coefficient of determination (R-squared) and its importance in evaluating the fit of a regression model.

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