Compact mode
FREQUENCY vs FORECAST
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesBoth*- StatisticalExcel functions for statistical analysis and calculations
Operation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsBoth*- CalculationExcel functions for performing various calculations
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionBoth*FREQUENCYFORECAST- Financial ProfessionalsFORECAST is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- Data AnalystsFORECAST is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionFREQUENCY- Distribution AnalysisFREQUENCY is known for Distribution Analysis.
FORECAST- Linear Trend PredictionFORECAST is known for Linear Trend Prediction.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionFREQUENCY- Essential for histogram creation
FORECAST- Based on least squares regression method
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionFREQUENCY- The function statisticians dream about
FORECAST- The crystal ball of Excel functions
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyBoth*
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersFREQUENCYFORECAST- NumberFORECAST accepts Number as input data. Excel functions specifically designed for numerical calculations
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.Both*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
FORECAST- Excel 2013FORECAST is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
Operating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsBoth*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
FORECAST- Web ExcelFORECAST runs on Web Excel Excel functions available in web-based versions
Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyFREQUENCYFORECASTRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionBoth*- ArrayExcel functions that specifically work with array inputs for calculations
FREQUENCY- RangeFREQUENCY accepts Range as input types Excel functions that operate on cell ranges for calculations
FORECAST- NumberFORECAST accepts Number as input types Excel functions that perform calculations specifically with numerical inputs
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionFREQUENCY- Powerful Statistical Analysis
- Array Output
FORECAST- Statistical AccuracyExcel functions with high statistical accuracy ensure precise mathematical and analytical results
- Trend Analysis
- Professional
- Scientific Prediction
- Based On Historical DataFunctions that analyze and process historical time-series data
Cons ❌
Limitations and potential drawbacks of the Excel functionFREQUENCY- Must Be Entered As Array Formula
- Complex Usage
FORECAST- Assumes Linear Relationship
- Complex Setup
- Sensitive To Outliers
Ratings Comparison
Alternatives to FREQUENCY
SUMIFS
Known for Multiple Condition Sum
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is more reliable than FORECAST
⭐
is rated higher than FORECAST
KURT
Known for Measuring Data Peakedness
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performs better than FORECAST
🛠
is more reliable than FORECAST
MODE
Known for Finding Most Frequent Value
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is easier to use than FORECAST
⚙
performs better than FORECAST
🛠
is more reliable than FORECAST
⭐
is rated higher than FORECAST
AVERAGEIFS
Known for Multiple Criteria Based Average
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is more reliable than FORECAST
⭐
is rated higher than FORECAST
MATCH
Known for Position Finding
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is more reliable than FORECAST
⭐
is rated higher than FORECAST
PMT
Known for Calculate Loan Payments
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is easier to use than FORECAST
⚙
performs better than FORECAST
🛠
is more reliable than FORECAST
⭐
is rated higher than FORECAST
AVERAGE
Known for Basic Statistical Calculation
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is easier to use than FORECAST
⚙
performs better than FORECAST
🛠
is more reliable than FORECAST
⭐
is rated higher than FORECAST
SMALL
Known for Finding Nth Smallest Value
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is easier to use than FORECAST
⚙
performs better than FORECAST
🛠
is more reliable than FORECAST
⭐
is rated higher than FORECAST
SUM
Known for Basic Arithmetic Calculations
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is easier to use than FORECAST
⚙
performs better than FORECAST
🛠
is more reliable than FORECAST
⭐
is rated higher than FORECAST
ROUND
Known for Round Numbers
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is easier to use than FORECAST
⚙
performs better than FORECAST
🛠
is more reliable than FORECAST
⭐
is rated higher than FORECAST