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MEANS OF MICROSOFT EXCEL TABLE PROCESS FOR FORECASTING ECONOMIC PROCESSES

Journal: International Scientific Journal "Internauka" (Vol.1, No. 70)

Publication Date:

Authors : ;

Page : 75-79

Keywords : table processor; correlation-regression analysis; economic-mathematical model; forecasting;

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Abstract

This article is a study of the efficiency of using Microsoft Excel spreadsheet processors to predict economic processes. The stochastic model is based on the analysis of the economic process. Diagrams are constructed in the process of modeling and the econometric-mathematical model is created, forecast profit is compiled for the planned sales volume. The forecast is calculated and the trend model is graphically represented by all indicators. Examples of calculation are given for one type of product and the model is tested for adequacy, significance and accuracy.

Last modified: 2019-11-01 00:09:45