Question: Quick if you can please will up vote answer QUESTION 16 The following is the actual sales for Manama Company for a particular good: t

Quick if you can please will up vote answer

QUESTION 16 The following is the actual sales for Manama Company for a particular good: t Sales 1 18 2 24 3 23 4 27 5 30 The company wants to determine how accurate their forecasting model, so they asked their medeling expert to build a trend model. He found the model to forecast sales can be expressed by the following model: Ft= 5+2.4t Calculate the amount of error occurred by applying the model is: Hint: Use MSE (Round your answer to 2 decimal places)

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