Learn how to create flexible and dynamic forecasts in Excel by integrating Form Controls with the Forecast Sheet feature! In this step-by-step tutorial, we walk you through how to build a forecast, visualize upper and lower confidence bounds, and allow users to change the confidence level (e.g., 75%, 80%, 95%, 99%) on the fly using a drop-down or scroll bar.
🔍 What you’ll learn in this video:
How to use Excel’s Forecast Sheet tool
What the Confidence Interval means in forecasting
How to link Form Controls to dynamically update the forecast display
How to interpret the Forecast line, Upper Bound, and Lower Bound scenarios (Best Case, Base Case, Worst Case)
Tips for ensuring evenly spaced dates and clean time series data
📊 Whether you're a financial analyst, business professional, or Excel enthusiast, this tutorial will help you build smarter, more interactive forecasts in Excel.
📌 Chapters: 0:00 Intro
0:00 Overview
1:48 Understanding Excel Forecast Sheet
2:20 Recreating Forecast with Formulas
8:23 Creating the Confidence Interval
10:12 Establish Upper and Lower Bound
13:04 Visualizing Dynamic Best & Worst Case Scenarios
16:48 Final Tips
Download start workbook here: https://1drv.ms/x/s!AsVgPBp9qkOChaEfYgp-PSFyQm3r6A?e=bHisQi