Question: Regression model, Y = 4 2 . 6 + 3 . 2 X , where Y is the number of surgeries and X is the
Regression model, YX where Y is the number of surgeries and X is
the index for the year eg X for year X for year etc.
a If MAD is the performance criterion chosen by the administration, which
forecasting method should it choose?
b If MSE is the performance criterion chosen by the administration, which
forecasting method should it choose?
c If MAPE is the performance criterion chosen by the administration, which
forecasting method should it choose?
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