The Growth formula is used to forecast predicted growth in for example a business's projected sales figures.
Theory:
=Growth(previous sales data range, previous month numbers data range, new month number or cell reference)
Example:
=Growth($B$2:$B$13,$A$2:$A$12,C2)
For the formula above make sure you use absolute cell referencing with the dollars on both sides of the letters as shown, a part from the last cell reference being "C2" in this case. Then fill the formula down.
OR
=Growth($B$2:$B$13,$A$2:$A$12,13)
For the formula above make sure you use absolute cell referencing with the dollars on both sides of the letters as shown, a part from the last part which is just a number in this case "13". This paticular formula using the number 13 and not a cell reference is only useful for single next month prediction.
Theory:
=Growth(previous sales data range, previous month numbers data range, new month number or cell reference)
Example:
=Growth($B$2:$B$13,$A$2:$A$12,C2)
For the formula above make sure you use absolute cell referencing with the dollars on both sides of the letters as shown, a part from the last cell reference being "C2" in this case. Then fill the formula down.
OR
=Growth($B$2:$B$13,$A$2:$A$12,13)
For the formula above make sure you use absolute cell referencing with the dollars on both sides of the letters as shown, a part from the last part which is just a number in this case "13". This paticular formula using the number 13 and not a cell reference is only useful for single next month prediction.
