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.

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 Ft=124+2.1t, and it was developed using data from periods 1 through 10. Based on data for periods 11 through 20 as shown in the table, develop a linear trend forecast for periods 11 through 20 , and a naive forecast for periods 11 through 20 , then calculate MAD for each method. Which forecast has the greater accuracy, according to your MAD? (Round your intermediate calculations and final answers to 2 decimal places.) Click here for the Excel Data File MAD for naive forecast: MAD for linear trend forecast: A forecast with less average absolute error is provided by the method. Naive method Linear trend sets of forecasts are as follows: Click here for the Excel Data File Compute MAPE for each data set. Which forecast appears to be more accurate? (Round your intermediate calculations to 2 decimal places and and final answers to 2 decimal places.)

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