- Excel: Utilized Excel functions, graphing tools, and the Forecast Sheet feature for data analysis and forecasting.
This project involves forecasting YouTube views for the next 7 days using three different methods in Excel: the FORECAST function, a graph trendline, and the Forecast Sheet tool. The aim was to predict future view counts and evaluate the accuracy of each forecasting approach.
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Function-based Forecast:
- Organized historical YouTube views data in Excel.
- Applied the
FORECAST
function to estimate views for the upcoming week.
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Graph Trendline:
- Added a trendline to the graph and extended it to forecast future views.
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Forecast Sheet:
- Used Excelβs Forecast Sheet feature to automatically generate forecasts.
- Customized settings and analyzed the detailed results.
- Compared different forecasting methods to determine the most effective one.
- Generated both visual and numerical predictions for future YouTube views.
- Explored the strengths and limitations of each forecasting technique.
Overall, the Forecast Sheet method proved to be the most accurate and insightful, making it ideal for detailed forecasting tasks. The project demonstrated the effectiveness of each method and provided a clearer understanding of how different forecasting tools can be applied to real-world data.
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Project Developed by:
Bhushan Gawali π