Show AllShow All

GROWTH

See Also

Calculates predicted exponential growth by using existing data. GROWTH returns the y-values for a series of new x-values that you specify by using existing x-values and y-values. You can also use the GROWTH spreadsheet function to fit an exponential curve to existing x-values and y-values.

Syntax

GROWTH(known_y's,known_x's,new_x's,const)

Known_y's    is the set of y-values you already know in the relationship y = b*m^x.

Known_x's    is an optional set of x-values that you may already know in the relationship y = b*m^x.

New_x's    are new x-values for which you want GROWTH to return corresponding y-values.

Const    is a logical value specifying whether to force the constant b to equal 1.

Remarks

Example

The example may be easier to understand if you copy it to a blank spreadsheet.

ShowHow?

This example uses the same data as the LOGEST example. The first formula shows corresponding values to the known values. The second formula predicts the next month's values, if the exponential trend continues.

Month Units Formula (Corresponding Units)
11 33,100 =GROWTH(B2:B7,A2:A7)
12 47,300
13 69,000
14 102,000
15 150,000
16 220,000
Month Formula (Predicted Units)
17 =GROWTH(B2:B7,A2:A7, A9:A10)
18

Note  The formula in the example must be entered as an array formula. After copying the example to a blank spreadsheet, select the range C2:C7 or B9:B10 starting with the formula cell. Press F2, and then press CTRL+SHIFT+ENTER. If the formula is not entered as an array formula, the single results are 32618.20377 and 320196.7184.