Question: Do the naive method and linear trend equation for MAD, please try to do on paper or easy to undertand 5. A cosmetics manufacturer's marketing

 Do the naive method and linear trend equation for MAD, please
Do the naive method and linear trend equation for MAD, please try to do on paper or easy to undertand

5. A cosmetics manufacturer's marketing Page 127 department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream. F, = 80 + 150 where F= Annual sales (000 bottles) t is in years a. Are annual sales increasing or decreasing? By how much? b. Predict annual sales for year 6 using the equation

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