I’m using the SLOPE Excel function on a date data type time series: 1 Jan, 1 Feb, 1 Mar and so on… I can’t figure out the x axis time unit assumed in the resulting calculation so the number is quite useless to me.
Any hints?
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here’s the answer to my question: in dates, the day is the integer part starting from 01-01-1900 while the decimal part represent the time (which timezone? ah, I don’t think it’s accounted for 😉 )
Details here: http://support.microsoft.com/kb/214094