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Subjects>Science>Natural Sciences

What is the FORCAST formula?

Updated: 6/14/2024

EncofBizandFinance ∙

Lvl 1

∙ 13y ago

Best Answer

The FORCAST formula is a method of analyzing reading levels, developed in 1975. The formula uses the percentage of one-syllable words as the basis for determining reading level, so that it eliminates the consideration of recurring technical terms.

Wiki User

∙ 13y ago

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AnswerBot

∙ 5mo ago

The FORCAST formula is a forecasting method used in Excel to predict future values based on historical data. It uses the linear regression analysis to estimate the future values. The formula syntax is "=FORECAST(alpha, known_y's, known_x's)".

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Related questions

Who developed the FORCAST formula?

The FORCAST formula was developed in 1975 by Caylor, Sticht, Fox, and Ford.

When was the FORCAST formula developed?

The FORCAST formula was developed in 1975 by Caylor, Sticht, Fox, and Ford.

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Forcast

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A meterologist.

After a thunderstorm forecast how long do you have to prepare?

Usually it will say that on the forcast.

What information can you get from weather map?

a 5 day weather forcast

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How would these forcast affect the planning process in organization?

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