Question: An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear
An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is and it was developed using data from periods through Based of data for periods through as shown in the table, which of these two methods has the greater accuracy if MAD and MSE are used?
Round your intermediate calculations and final answers to decimal places.
tableUnits Sold
Click here for the Excel Data File
Answer is complete but not entirely correct.
tableMADtableNaivetableMADLineartableMSENaivetableMSELinear
provides forecasts with less average error and less average squared error.
Please help find bottom MSE Native and MSE Linear Show clear steps with clear computation
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