An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and thenaive approach. The linear trend equation is F̟ = 124 + 2.1t, and it was developed using data from periods 1 through 10. Based on datafor 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.)tUnits Sold11144121461315214142151521614917152181541920157164Click here for the Excel Data FileMAD (Naive)5.11MAD (Linear)5.49MSE (Naive)MSE (Linear)

Linear trend equation simply calculating the forecast based on the equation. MAD is the average of…

Answered: er accuracy if MAD and MSE are used?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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