The Forecast.Ets.Seasonality function in Excel determines the duration of a recurring pattern in a timeline.
Syntax :
=FORECAST.ETS.SEASONALITY( values, timeline, [data completion], [aggregation] )
Parameters :
values –
Timeline –
The timeline’s dates and times can be in any sequence.
[data completion] –
[data completion] | Algorithm |
---|---|
0 | Treat missing points as having the value zero. |
1 (or omitted) | Calculate the value for missing points to be the average of the neighbouring values. |
[aggregation] –
[aggregation] | Aggregation Method |
---|---|
1 (or omitted) | Average |
2 | Count |
3 | Counta |
4 | Max |
5 | Median |
6 | Min |
7 | Sum |
Example :
The spreadsheet on the right displays a series of monthly earnings from January 2015 to April 2017. The following values are presented in the chart:
Forecast in Excel. Ets.
The seasonality function may be used to anticipate the length of the cool climate in profits between January 2015 and April 2017. This yields the number 11.
For the data presented, the method returned a seasonality value of 11. (although we might have expected the seasonal pattern to be 12 for this data). As additional data values are sent into the algorithm, the computed seasonality value should improve in accuracy.
The function’s [data completion] and [aggregation] parameters have been missing, thus the default value is used.
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