Question: Problem 3 - 2 0 ( Algo ) An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear
Problem 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 and it was developed using data from periods through Based on data for periods through as shown in the table, which of these two methods has the greater accuracy if MAD and MSE are used? Note: Round your intermediate calculations and final answers to decimal places.
tableUnits Sold
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tableMAD NaiveMAD LinearMSE NaiveMSE Linear
provides forecasts with less average error and less average squared error.
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