How to use the LINEST Function in Microsoft Excel #shorts #excel excel shorts

In this short Microsoft Excel tutorial, we will learn how to use the LINEST function to calculate linear estimates of statistical parameters. excel shorts

This tutorial is intended for beginners who are new to the LINEST function. We will cover the basics of the LINEST function and how to use it to estimate statistical parameters. After watching this video, you will be able to use the LINEST function to estimate linear parameters in Microsoft Excel!
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The LINEST function calculates the statistics for a line by using the "least squares" method to calculate a straight line that best fits your data, and then returns an array that describes the line. You can also combine LINEST with other functions to calculate the statistics for other types of models that are linear in the unknown parameters, including polynomial, logarithmic, exponential, and power series. Because this function returns an array of values, it must be entered as an array formula.