Given partial data about an exponential growth curve, calculates various parameters about the best fit ideal exponential growth curve.
Sample usage
LOGEST(B2:B10,A2:A10)
LOGEST(B2:B10, A2:A10, TRUE, TRUE)
Syntax
LOGEST(known_data_y, [known_data_x], [b], [verbose])
-
known_data_y
– The array or range containing dependent (y) values that are already known, used to curve fit an ideal exponential growth curve.-
If
known_data_y
is a two-dimensional array or range, known_data_x must have the same dimensions or be omitted. -
If
known_data_y
is a one-dimensional array or range, known_data_x may represent multiple independent variables in a two-dimensional array or range. I.e. ifknown_data_y
is a single row, each row inknown_data_x
is interpreted as a separated independent value, and analogously ifknown_data_y
is a single column.
-
-
known_data_x
– [ OPTIONAL – {1,2,3,…} with same length as known_data_y by default ] – The values of the independent variable(s) corresponding with known_data_y.- If
known_data_y
is a one-dimensional array or range, known_data_x may represent multiple independent variables in a two-dimensional array or range. I.e. ifknown_data_y
is a single row, each row inknown_data_x
is interpreted as a separated independent value, and analogously ifknown_data_y
is a single column.
- If
-
b
– [ OPTIONAL – TRUE by default ] – Given a general exponential form of y = b*m^x for a curve fit, calculates b if TRUE or forces b to be 1 and only calculates the m values if FALSE. -
verbose
– [ OPTIONAL – FALSE by default ] – A flag specifying whether to return additional regression statistics or only the calculated coefficient and exponents.-
If
verbose
is TRUE, in addition to the set of exponents for each independent variable and the coefficient b, LOGEST returns-
The standard error for each exponent and the coefficient,
-
The coefficient of determination (between 0 and 1, where 1 indicates perfect correlation),
-
Standard error for the dependent variable values,
-
The F statistic, or F-observed value indicating whether the observed relationship between dependent and independent variables is random rather than exponential,
-
The degrees of freedom, useful in looking up F statistic values in a reference table to estimate a confidence level,
-
The regression sum of squares, and
-
The residual sum of squares.
-
-
Notes
- The statistics calculated by
LOGEST
are similar to LINEST but use the linear model ln y = x1 ln m1 + … + xn ln mn + ln b for each independent variable x1 … xn. Therefore, additional statistics such as the standard error must be compared to the natural logarithms of them
andb
values rather than the values themselves.
See also
TREND
: Given partial data about a linear trend, fits an ideal linear trend using the least-squares method and/or predicts further values.
LINEST
: Given partial data about a linear trend, calculates various parameters about the ideal linear trend using the least-squares method.
GROWTH
: Given partial data about an exponential growth trend, fits an ideal exponential growth trend and/or predicts further values.