Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Year Sales 1 450 2 502 3 520 4 570 5 575 a) Forecasted sales for year 6 using the trend projection (linear regression) method are sales (round your response to one decimal place). b) The MAD for a linear regression forecast is nothing sales (round your response to one decimal place).
Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Year Sales 1 450 2 502 3 520 4 570 5 575 a) Forecasted sales for year 6 using the trend projection (linear regression) method are sales (round your response to one decimal place). b) The MAD for a linear regression forecast is nothing sales (round your response to one decimal place).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 19P: The file P13_19.xlsx contains the weekly sales of a particular brand of paper towels at a...
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Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below).
Year
|
Sales
|
1
|
450
|
2
|
502
|
3
|
520
|
4
|
570
|
5
|
575
|
a) Forecasted sales for year 6 using the trend projection (linear regression) method are
sales (round your response to one decimal place).
sales (round your response to one decimal place).
b) The MAD for a linear regression forecast is
nothing
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