Question: 11. Provide the sales forecast values for these months - using trend line method- if the trend line for a company ABC, the actual sales

 11. Provide the sales forecast values for these months - using

11. Provide the sales forecast values for these months - using trend line method- if the trend line for a company ABC, the actual sales data is given by the table given below. In a tabular format, provide the sales forecast values for these months, if the trend line is given by the following functional relationship: y = 4.78 t + 150. Find the eror in terms of RMSE value. Month January February March April May June July August Sales (A) 155 160 167 168 172 172 189 189

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!