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javascriptexcelforecasting

Forecast formula from Excel in JavaScript


I'm trying to make a Forecast function in JavaScript based on the code from Excel, explained at https://support.office.com/en-US/article/FORECAST-function-50CA49C9-7B40-4892-94E4-7AD38BBEDA99

But I don't understand what is the x with a trait on top (also y) from the formula and so I don't know how to translate it in JavaScript. How can I achieve this?


Solution

  • x with a trait on top is the mean of x (i.e. the average of all xs). the same is with y. if x values are 20,28,31,38,40 the x with the trait on top is 31.4

    function forecast(x, ky, kx){
       var i=0, nr=0, dr=0,ax=0,ay=0,a=0,b=0;
       function average(ar) {
              var r=0;
          for (i=0;i<ar.length;i++){
             r = r+ar[i];
          }
          return r/ar.length;
       }
       ax=average(kx);
       ay=average(ky);
       for (i=0;i<kx.length;i++){
          nr = nr + ((kx[i]-ax) * (ky[i]-ay));
          dr = dr + ((kx[i]-ax)*(kx[i]-ax))
       }
      b=nr/dr;
      a=ay-b*ax;
      return (a+b*x);
    }
    

    The above script gives you the forecast without error handling.

    You can call this using the below method

    forecast(30,[6,7,9,15,21],[20,28,31,38,40]);