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Linear equations

Posted: Thu May 29, 2014 5:09 pm
by wls485
If I forecasting for linear equations, what is the code? I am talking about financial forecasting. Simply, say, Sales = Sales(-1)*1.20 (20% constant growth rate)?

Any thoughts? Simple, yes. Stumped, unfortunately yes.

Re: Linear equations

Posted: Thu May 29, 2014 5:20 pm
by startz
If I forecasting for linear equations, what is the code? I am talking about financial forecasting. Simply, say, Sales = Sales(-1)*1.20 (20% constant growth rate)?

Any thoughts? Simple, yes. Stumped, unfortunately yes.
Believe it or not, the code is

Code: Select all

Sales = Sales(-1)*1.20

Re: Linear equations

Posted: Thu May 29, 2014 5:34 pm
by wls485
That was what I thought but, The error I get is: Equation or VAR specification incomplete.

Re: Linear equations

Posted: Thu May 29, 2014 5:35 pm
by startz
Type it into the command pane. This assumes you already have a variable named sales and that you have set the smpl to the range you wish to forecast.