Home / Business / Finance / 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 Ft = 124 + 2.1t, 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 answers to 2 decimal places.) t Units Sold 11 148 12 149 13 148 14 145 15 153 16 152 17 152 18 159 19 161 20 165 MAD (Naive) MAD (Linear) MSE (Naive) MSE (Linear)

Question 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 Ft = 124 + 2.1t, 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 answers to 2 decimal places.) t Units Sold 11 148 12 149 13 148 14 145 15 153 16 152 17 152 18 159 19 161 20 165 MAD (Naive) MAD (Linear) MSE (Naive) MSE (Linear)

MHBRAC The Asker · Finance
     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 Ft = 124 + 2.1t, 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 answers to 2 decimal places.)          t   Units Sold     11   148     12   149     13   148     14   145     15   153     16   152     17   152     18   159     19   161     20   165                  MAD (Naive)        MAD (Linear)        MSE (Naive)        MSE (Linear)             
Transcribed Image Text: 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 Ft = 124 + 2.1t, 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 answers to 2 decimal places.) t Units Sold 11 148 12 149 13 148 14 145 15 153 16 152 17 152 18 159 19 161 20 165 MAD (Naive) MAD (Linear) MSE (Naive) MSE (Linear)
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Transcribed Image Text: 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 Ft = 124 + 2.1t, 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 answers to 2 decimal places.) t Units Sold 11 148 12 149 13 148 14 145 15 153 16 152 17 152 18 159 19 161 20 165 MAD (Naive) MAD (Linear) MSE (Naive) MSE (Linear)

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