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 Ft = 125 + 2.2t, and it was developed using data from periods 1 through 10. Based on data for periods 11 through 20 as shown in the table, which of these two methods has the greater accuracy if MAD and MSE are used?

An analyst must decide between two different

Timely Transport provides local delivery service for a number of downtown and suburban businesses. Delivery charges are based on distance and weight involved for each delivery: 31 cents per pound and 26 cents per mile. Also, there is a $36 handling fee per parcel.

An analyst must decide between two different

Problem 3-20 (Algo) 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 = 125 + 2.2t, and it was developed using data from periods 1 through 10. Based on data for periods 11 through 20 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 2 decimal places.) 11 12 13 14 15 16 17 18 19 20 Units Sold 144 145 150 143 157 152 156 154 159 164 Click here for the Excel Data File MAD (Naive) MAD (Linear) MSE (Naive) MSE (Linear) provides forecasts with less average error and less average squared error. Timely Transport provides local delivery service for a number of downtown and suburban businesses. Delivery charges are based on distance and weight involved for each delivery: 31 cents per pound and 26 cents per mile. Also, there is a $36 handling fee per parcel. a. Develop an expression that summarizes delivery charges. (Enter your answers as dollar amounts to 2 decimal places. (x1 = weight, x2 = distance)) y = x1 + x2 + b. Determine the delivery charge for transporting a 46-pound parcel 26 miles. (Do not round your intermediate calculation. Round your answer to 2 decimal places.) y =

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