Problem
You've plotted your time series using Excel's charting feature and now you'd like to add a trendline.
Solution
Figure 6-2 shows an example linear trendline you can create on Excel charts. Notice that you also have the option of displaying the trendline equation on the chart, as shown in the figure.
Figure 6-2. Linear trendline
Excel also supports nonlinear trendlines . Figure 6-3 shows the same time series with a second-order polynomial trendline instead of a linear trendline.
Figure 6-3. Polynomial trendline
To create a trendline for a given data series, select the series by clicking on it and then right-click to reveal a pop-up menu. Select Add Trendline from the pop-up menu to open the Add Trendline dialog box, where you can select the type of trendline and other options. Refer to Chapter 8 to learn more about adding these and other types of trendlines to Excel charts.
Using Excel
Getting Acquainted with Visual Basic for Applications
Collecting and Cleaning Up Data
Charting
Statistical Analysis
Time Series Analysis
Mathematical Functions
Curve Fitting and Regression
Solving Equations
Numerical Integration and Differentiation
Solving Ordinary Differential Equations
Solving Partial Differential Equations
Performing Optimization Analyses in Excel
Introduction to Financial Calculations
Index