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 = 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, which of these two methods has the greater accuracy if MAD and MSE are used?
| t | Units Sold |
| 11 | 144 |
| 12 | 146 |
| 13 | 152 |
| 14 | 142 |
| 15 | 152 |
| 16 | 149 |
| 17 | 152 |
| 18 | 154 |
| 19 | 157 |
| 20 | 164 |
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