Do you know that Excel 2007 placed functions/tools in a new tab? Pulldown menu has replaced by the Ribbon. In Excel 2003 and before, pulldown menu provide EDIT tab. This tab consists of various commands related to file editing, such as edit link. Choose this command will release the wizard.
Show workbook edit link of Excel 2007
December 10th, 2008 | Posted by in Spreadsheet tips - (3 Comments)Data Analysis with Exponential Smoothing
December 4th, 2008 | Posted by in Spreadsheet tips - (Comments Off)Exponential smoothing is a time series analysis that omits irregular variation without take account of both seasonal variation and trend. MS Excel provides exponential smoothing as a part of tools in Data Analysis. The tool can predict a value based on the forecast for previous period. Exponential smoothing adjusts error in that prior prediction. It uses Constanta which is reflects the magnitude of which control how strongly the forecasts react to errors in the previous prediction. Smaller constants can result in long lags for prediction values.
How to apply exponential smothing analysis in Excel 2007? You should install add-ins of Data Analysis before.
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