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.

How?

  1. Create a blank spreadsheet.
  2. Select the example in the Help topic.

    Selecting example from Help

    Selecting an example from Help

  3. Press CTRL+C.
  4. In the spreadsheet, select cell A1, and press CTRL+V.
  5. To switch between viewing the formula that returns the result and the result in the cell, select the cell and press F2 and then ENTER, or click Commands and Options on the spreadsheet toolbar, click the Formula tab, and look in the Formula in active cell (active cell) box.

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.