{"id":15941,"date":"2023-07-10T19:48:49","date_gmt":"2023-07-10T19:48:49","guid":{"rendered":"https:\/\/officetuts.net\/excel\/?p=15941"},"modified":"2024-03-26T12:32:51","modified_gmt":"2024-03-26T12:32:51","slug":"display-the-equation-on-a-chart-in-excel","status":"publish","type":"post","link":"https:\/\/officetuts.net\/excel\/examples\/display-the-equation-on-a-chart-in-excel\/","title":{"rendered":"Display the Equation on a Chart in Excel"},"content":{"rendered":"\n
Display-the-Equation-on-a-Chart-in-Excel<\/a>Download File<\/a><\/div>\n\n\n\n

Sometimes you may need to display an equation on a chart in Excel. For instance, displaying the forecasting equation on the chart can be beneficial while creating forecasts or predictions based on past data.<\/p>\n\n\n\n

This tutorial shows the steps needed to display an equation on a chart in Excel.<\/p>\n\n\n\n

Let’s consider the following dataset that displays the sales of a specific company from January to July.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

We aim to generate a chart using the provided dataset and showcase a forecasting equation on the chart. One can use the equation to predict future sales.<\/p>\n\n\n\n

We use the steps below:<\/p>\n\n\n\n

Step #1: Create the Chart<\/h2>\n\n\n\n

We use the following steps to generate the chart:<\/p>\n\n\n\n

    \n
  1. Select the cell range A1:B8 on the dataset.<\/li>\n<\/ol>\n\n\n\n
    \"A<\/figure>\n\n\n\n
      \n
    1. Click Insert >> Charts >> Insert Scatter (X, Y) or Bubble Chart >> Scatter<\/strong>.<\/li>\n<\/ol>\n\n\n\n
      \"\"<\/figure>\n\n\n\n

      The following scatter graph is inserted into the worksheet:<\/p>\n\n\n\n

      \"A<\/figure>\n\n\n\n

      Step #2: Add a Trendline to the Chart<\/h2>\n\n\n\n

      On a chart, a trendline depicts the overall direction or pattern of the data. It’s useful for visually assessing and forecasting trends in the data.<\/p>\n\n\n\n

      We use the following steps to add a trendline to the chart we created in Step #1:<\/p>\n\n\n\n

        \n
      1. To open the Format Trendline<\/strong> task pane, select the graph, click the Chart Elements<\/strong> button with a plus sign icon on the top left corner of the chart, click the right arrow on the Trendline<\/strong> option, and select More Options<\/strong> on the flyout menu:<\/li>\n<\/ol>\n\n\n\n
        \"A<\/figure>\n\n\n\n

        Alternatively, you can open the Format Trendline<\/strong> task pane by selecting the Trendline<\/strong> option checkbox, right-clicking the trendline, and choosing Format Trendline<\/strong> on the context menu:<\/p>\n\n\n\n

        \"\"<\/figure>\n\n\n\n

        The Format Trendline<\/strong> task pane is displayed on the right of the Excel window:<\/p>\n\n\n\n

        \"A<\/figure>\n\n\n\n
          \n
        1. On the Format Trendline<\/strong> task pane, choose the type of trendline you want, for example, Linear<\/strong> or Exponential<\/strong>. In this case, we go with Linear<\/strong>, the default option.<\/li>\n<\/ol>\n\n\n\n

          Step #3: Display Equation on the Chart<\/h2>\n\n\n\n

          To display an equation on the chart, use the step below:<\/p>\n\n\n\n

          Select the Display Equation on chart<\/strong> option at the bottom of the Format Trendline<\/strong> task pane:<\/p>\n\n\n\n

          \"\"<\/figure>\n\n\n\n

          The equation is displayed on the graph shown below:<\/p>\n\n\n\n

          \"\"<\/figure>\n\n\n\n

          Note:<\/strong> The equation generated will depend on the type of trendline selected. In this instance, a linear equation was obtained as we chose a linear trendline.<\/p>\n\n\n\n

          Conclusion<\/h2>\n\n\n\n

          This tutorial showed the steps needed to display an equation on a chart in Excel. We hope you found the tutorial helpful.<\/p>\n","protected":false},"excerpt":{"rendered":"

          Sometimes you may need to display an equation on a chart in Excel. For instance, displaying the forecasting equation on the chart can…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[170,190],"yoast_head":"\nDisplay the Equation on a Chart in Excel<\/title>\n<meta name=\"description\" content=\"Learn how to display an equation on a chart in Excel. Use the provided dataset to generate a chart and forecast future sales. 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