Question: please show all work An analyst must decide between two different forecasting techniques for weekly sales of roller blodes, a linear trend equation and the
please show all work
An analyst must decide between two different forecasting techniques for weekly sales of roller blodes, a linear trend equation and the naive approach. The linear trend equation is Ft = 123 + 1.91 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.) t Units Sota 11 143 148 13 150 14 145 15 155 16 17 18 159 19 158 20 163 12 149 156 Click here for the Excel Data File 4.89 235 MAD (Naivo) MAD (Linear) MSE Naive) MSE (Linear 30.44 7.273
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
