The following data are for calculator sales in units at an electronics store over the past nine weeks: Week Sales Week Sales 1 45 53 2 50 7 59 44 8 59 4 51 9 64 57 Use trend projection with regression to forecast sales for weeks 10 - 13. What are the error measures (CFE, MSE, o, MAD, and MAPE) for this forecasting procedure? How about ? Obtain the trend projection with regression forecast for weeks 10 - 13. (Enter your responses rounded to two decimal places.) Period Forecast, F, 10 11 12 13
The following data are for calculator sales in units at an electronics store over the past nine weeks: Week Sales Week Sales 1 45 53 2 50 7 59 44 8 59 4 51 9 64 57 Use trend projection with regression to forecast sales for weeks 10 - 13. What are the error measures (CFE, MSE, o, MAD, and MAPE) for this forecasting procedure? How about ? Obtain the trend projection with regression forecast for weeks 10 - 13. (Enter your responses rounded to two decimal places.) Period Forecast, F, 10 11 12 13
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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
Transcribed Image Text:The following data are for calculator sales in units at an electronics store over the past nine weeks:
Week
Sales
Week
Sales
1
45
6.
53
2
50
7
59
3
44
59
4
51
9
64
5
57
Use trend projection with regression to forecast sales for weeks 10 - 13. What are the error measures (CFE, MSE, G. MAD, and MAPE) for this forecasting procedure? How about ?
Obtain the trend projection with regression forecast for weeks 10 - 13. (Enter your responses rounded to two decimal places.)
Period
Forecast, F,
10
11
12
13
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