MS Excel: How to use the GROWTH Function (WS)
This Excel tutorial explains how to use the Excel GROWTH function with syntax and examples.
Description
The Microsoft Excel GROWTH function returns the predicted exponential growth based on existing values provided.
The GROWTH function is a built-in function in Excel that is categorized as a Statistical Function. It can be used as a worksheet function (WS) in Excel. As a worksheet function, the GROWTH function can be entered as part of a formula in a cell of a worksheet.
Syntax
The syntax for the GROWTH function in Microsoft Excel is:
GROWTH( known_y_values, [known_x_values], [new_x_values], [constant] )
Parameters or Arguments
- known_y_values
- The known y-values used to predict the exponential growth.
- known_x_values
- Optional. It is the known x-values used to predict the exponential growth. If this parameter is omitted, it uses {1,2,3,...} as the known_x_values parameter.
- new_x_values
- Optional. It is the x-values that are used to return the corresponding y-values. If this parameter is omitted, it uses {1,2,3,...} as the new_x_values parameter.
- constant
- Optional. It is either a TRUE or FALSE value. TRUE means that the constant b is calculated normally. FALSE means that the constant b is set to 1. If this parameter is omitted, it assumes a constant parameter of TRUE.
Returns
The GROWTH function returns a numeric value.
Applies To
- Excel for Office 365, Excel 2019, Excel 2016, Excel 2013, Excel 2011 for Mac, Excel 2010, Excel 2007, Excel 2003, Excel XP, Excel 2000
Type of Function
- Worksheet function (WS)
Example (as Worksheet Function)
Let's look at some Excel GROWTH function examples and explore how to use the GROWTH function as a worksheet function in Microsoft Excel:
Based on the Excel spreadsheet above, the following GROWTH examples would return:
=GROWTH(B2:B6, A2:A6) Result: 7.344380549 =GROWTH({4,5,6}) Result: 4.027307453 =GROWTH({4,5,6}, {10,20,30}) Result: 4.027307453 =GROWTH({4,5,6}, {10,20,30}, {15,30,45}) Result: 4.456948343 =GROWTH({4,5,6}, {10,20,30}, {15,30,45}, FALSE) Result: 2.913437857
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