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Category > Statistics Posted 15 Jun 2017 My Price 5.00

A salesperson is looking at a linear trend and a naive method to forecast shoe sales

A salesperson is looking at a linear trend and a naive method to forecast shoe sales.The linear trend equation is Y = 124 + 2t, and it was developed using data from period 1 to 10. Based on data for period 11 to 20 as shown below, which of these methods has the greater accuracy if MAD and MSE are used? show your work

t

Sold Shoes

11

147

12

148

13

151

14

145

15

155

16

152

17

155

18

157

19

160

20

165

Answers

Alpha Geek
(8)
Status NEW Posted 15 Jun 2017 10:06 AM My Price 5.00

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file 1497522641-Answer.docx preview (175 words )
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