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 Fe=122 +1.9t, 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 11 12 13 14 15 16 17 18 19 20 Units Sold 143 149 152 145 155 152 154 159 159 162 Click here for the Excel Data File MAD (Naive) MAD (Linear) MSE (Naive) MSE (Linear)
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 Fe=122 +1.9t, 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 11 12 13 14 15 16 17 18 19 20 Units Sold 143 149 152 145 155 152 154 159 159 162 Click here for the Excel Data File MAD (Naive) MAD (Linear) MSE (Naive) MSE (Linear)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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