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Statically method to find out an expected value

S

santhoshkunder

Member
Can someone help me with a method to identify the ideal price in the below scenario to reach the volume of 1700?.. How to achieve this?

Year​
PriceVolume
2018​
4.751500
2022​
6.031300
 
If you assume volume depends linearly on price
Code: 
= FORECAST.LINEAR(target,Price,Volume)
would give a price of 3.47.

p.s. The linear dependence is an assumption; if you assumed a power relationship instead you would get 3.85 as shown
83671
 
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