You're reading from Hands-On Machine Learning with Microsoft Excel 2019

Product typeBook

Published inApr 2019

PublisherPackt

ISBN-139781789345377

Edition1st Edition

Tools

Excel

Concepts

Machine Learning

Author (1)

Julio Cesar Rodriguez Martino

Forecasting time series automatically in Excel

Now that we have forecast a time series the hard way, understanding every step, we can do it the easy way. We will use Excel's built-in functions to predict the future number of passengers. Perform the following steps:

Select both columns, TravelDate and Passengers, corresponding to the time and number of passengers.
Navigate to Data in the main menu.
Select Forecast Sheet (see the following screenshot for reference):

A window will pop up, showing a preview of the forecast and giving us the chance to change some parameters by clicking in Options:

- Forecast End: We can choose the end of the forecast period. By default, Excel forecasts three seasons ahead (more on this to follow).
- Forecast Start: We can do the same with the start of the forecast period. Default is the last point in time of our time series.
- Confidence interval...

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Hands-On Machine Learning with Microsoft Excel 2019

Published in: Apr 2019Publisher: PacktISBN-13: 9781789345377

Author (1)

Julio Cesar Rodriguez Martino

Julio Cesar Rodriguez Martino is a machine learning (ML) and artificial intelligence (AI) platform architect, focusing on applying the latest techniques and models in these fields to optimize, automate, and improve the work of tax and accounting consultants. The main tool used in this practice is the MS Office platform, which Azure services complement perfectly by adding intelligence to the different tasks. Julio's background is in experimental physics, where he learned and applied advanced statistical and data analysis methods. He also teaches university courses and provides in-company training on machine learning and analytics, and has a lot of experience leading data science teams.
Read more about Julio Cesar Rodriguez Martino

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