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What is the FORCAST formula?

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∙ 14y ago

Updated: 6/14/2024

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.

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More answers

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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