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New Contributor III

Qlik Sense Forecasting

Hello everyone!

Is there a way to forecast using Qlik Sense? We have a system that receives requests and every request has a certificate if it is approved; now what I would like to forecast is the number of submitted applications for this year, the number of certificates that are to be issued and the rejected applications. I came acorss some one that suggested I should be using something like the following:


linest_m(total aggr(if(SUM(Revenue),SUM(Revenue)),Date),Date)*


+linest_b(total aggr(if(SUM(Revenue),SUM(Revenue)),Date),Date))

so can anyone please explain what this means? and does it actually do the forecasting?