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Excel's Formula - sisman

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Chapter 17: Charting Techniques 461<br />

Pressing F9 recalculates the worksheet, which generates new random increment values for E1:E3<br />

and creates a new display in the chart. The variety (and beauty) of charts generated using these<br />

formulas may amaze you.<br />

Working with Trendlines<br />

With some charts, you may want to plot a trendline that describes the data. A trendline points<br />

out general trends in your data. In some cases, you can forecast future data with trendlines. A<br />

single series can have more than one trendline.<br />

To add a trendline, select the chart series and then choose Chart Tools➜Layout➜Analysis➜Trend<br />

line. This drop-down control displays options for four types of trendlines. For additional options<br />

(and more control over the trendline), select More Trendline Options, which displays the<br />

Trendline Options tab of the Format Trendline dialog box (see Figure 17-22).<br />

Figure 17-22: The Format Trendline dialog box offers several types of automatic trendlines.<br />

The type of trendline that you choose depends on your data. Linear trends are the most common<br />

type, but you can describe some data more effectively with another type.<br />

The Trendline Options tab enables you to specify a name to appear in the legend and the number<br />

of periods that you want to forecast (if any). Additional options enable you to set the intercept<br />

value, specify that the equation used for the trendline should appear on the chart, and choose<br />

whether the R-squared value appears on the chart.

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