Compact mode

FORECAST vs DSTDEV

FORECAST

Known for Linear Trend Prediction

DSTDEV

Known for Database Standard Deviation

Table of content

Basic Classification Comparison
Usage Context Comparison
Basic Information Comparison
History Comparison
Facts Comparison

Usage Information Comparison
Technical Details Comparison
Evaluation Comparison
Ratings Comparison

Basic Classification Comparison

Function Category 📊

Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function types

Both*

Statistical

Excel functions for statistical analysis and calculations
Operation Type 🔧

Fundamental type of operation or action that the Excel function performs on its inputs

Both*

Calculation

Excel functions for performing various calculations

Usage Context Comparison

For whom 👥

Target user groups who would benefit most from using this Excel function

Both*

Data Analysts

Excel functions specifically designed for data analysis and interpretation

FORECAST

Financial Professionals

FORECAST is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.

Scientists

FORECAST is designed for Scientists. Excel functions used in scientific calculations and research Click to see all.

DSTDEV

Statisticians

DSTDEV is designed for Statisticians. Excel functions designed for statistical analysis and probability calculations Click to see all.
Purpose 📝

Primary purposes and use cases of the Excel function

Both*

Statistical Analysis

Excel functions designed for statistical calculations and data analysis

Basic Information Comparison

Known For ⭐

Distinctive characteristic or primary strength of the Excel function

FORECAST

Linear Trend Prediction

FORECAST is known for Linear Trend Prediction.

DSTDEV

Database Standard Deviation

DSTDEV is known for Database Standard Deviation.

History Comparison

Creation Date 📅

Original release date of the Excel function

FORECAST

Excel 97

FORECAST was created in Excel 97. Functions first available in Excel 97 version Click to see all.

DSTDEV

Excel 95

DSTDEV was created in Excel 95. Functions that came with Excel 95 release Click to see all.
Created By 👤

Organization or team responsible for developing the function

Both*

Microsoft Excel Team

Functions officially created by the Microsoft Excel development team

Facts Comparison

Interesting Fact 💡

Unique or lesser-known information about the Excel function

FORECAST

Based on least squares regression method

DSTDEV

Most used in quality control
Sarcastic Fact 🤣

Humorous or ironic observation about the Excel function

FORECAST

The crystal ball of Excel functions

DSTDEV

The deviation detective

Usage Information Comparison

Formula Complexity Level 📖

Indicates the difficulty level and complexity of using the Excel function effectively

Both*

Advanced

Complex Excel functions for sophisticated calculations and operations

Technical Details Comparison

Input Data Type 📝

Types of data that the Excel function accepts as input parameters

Both*

Number

Excel functions specifically designed for numerical calculations

DSTDEV

Array

DSTDEV accepts Array as input data. Excel functions designed to work with arrays and ranges of data Click to see all.

Range

DSTDEV accepts Range as input data. Excel functions that operate on cell ranges and data sets
Version Compatibility 💻

Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.

Both*

Excel 2019

Excel functions that work specifically in Excel 2019 version

FORECAST

Excel 2016

FORECAST is compatible with Excel 2016 Excel functions that work specifically in Excel 2016 version

Excel 2013

FORECAST is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version

DSTDEV

Excel 97

DSTDEV is compatible with Excel 97 Excel functions that work in the classic Excel 97 version
Operating System 💾

Specifies the operating systems where the function can be used < including Windows< macOS< and web platforms

Both*

Windows

Excel functions optimized for Windows operating system

MacOS

Excel functions optimized for MacOS users

FORECAST

Web Excel

FORECAST runs on Web Excel Excel functions available in web-based versions
Required Arguments Count 🔢

Number of mandatory arguments needed for the function to work properly

Both*

3
Required Arguments Type 📊

The data types accepted as valid input arguments for the function

FORECAST

Array

FORECAST accepts Array as input types Excel functions that specifically work with array inputs for calculations

Number

FORECAST accepts Number as input types Excel functions that perform calculations specifically with numerical inputs

DSTDEV

Range

DSTDEV accepts Range as input types Excel functions that operate on cell ranges for calculations

Text

DSTDEV accepts Text as input types Excel functions specialized in text string manipulation and processing

Criteria

DSTDEV accepts Criteria as input types Excel functions that use specific criteria for filtering and conditional operations

Evaluation Comparison

Pros ✅

Key advantages and strengths of the Excel function

Both*

Statistical Accuracy

Excel functions with high statistical accuracy ensure precise mathematical and analytical results

FORECAST

Trend Analysis

Professional

Scientific Prediction

Based On Historical Data

Functions that analyze and process historical time-series data

DSTDEV

Database Filtering

Functions that filter and sort database-like data structures

Accurate Statistical Measure

Functions that provide accurate statistical calculations and metrics

Database Friendly
Cons ❌

Limitations and potential drawbacks of the Excel function

Both*

Complex Setup

FORECAST

Assumes Linear Relationship

Sensitive To Outliers

DSTDEV

Complex Implementation

Limited Use Cases

Limited Application