Siena Ltd attempts to find the trend of its sales over the past five years. Siena is considering which model that best represent the trends of its sales. Following are the result of linear and exponential model trend analysis: a. Calculate the MSE and MAD for the linear trend model b. Calculate the MSE and MAD for the exponential trend model c. Which model that performs better Exponential Trend1.0426*VariableLinear TrendIntercept0.2751(0.68)0.85751*(0.00)0.0979*t(0.00)(0.00)Se1.42820.0767Notes: Parameter estimates are in the top part of the table with the p-values in parentheses; * represents significance at the 5 percent level;Se is used in the forecast for the exponential trend.Linear trendTe?Yt3.01e; = y; – ŷt1.8811.133.521.883.131.991.141.301.141918.0716.571.502.261.502019.9917.432.566.582.56Total36.7222.06Exponential trendTYte?et-0.12713.013.1370.0160.1273.133.460-0.3300.1090.3301918.0718.276-0.2060.0420.2062019.9920.155-0.1650.0270.165Total5.0778.315

Calculate the MSE and MAD for the linear trend model Total number of periods = 20 Mean square error…

Siena Ltd attempts to find the trend of its sales over the past five years. Siena is considering which model that best represent the trends of its sales. Following are the result of linear and exponential model trend analysis: a. Calculate the MSE and MAD for the linear trend model b. Calculate the MSE and MAD for the exponential trend model c. Which model that performs better

Siena Ltd attempts to find the trend of its sales over the past five years. Siena is considering which model that best represent the trends of its sales. Following are the result of linear and exponential model trend analysis: a. Calculate the MSE and MAD for the linear trend model b. Calculate the MSE and MAD for the exponential trend model c. Which model that performs better

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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