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In conclusion, mastering the use of Excel’s TREND and FORECAST functions can significantly enhance your data analysis capabilities.
To do a staffing trend analysis, you need access to statistical data on the company's employees, such as the number of employees, their length of service and rate of turnover.
Find out how to perform financial analysis through Microsoft Excel, a widely used business management software among finance professionals and investors.
Microsoft Excel can generate trend lines based on data you provide, and in doing do, calculates the equation of the trend line. This equation can be accessed using Excel's built-in Visual Basic tools.
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