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Use the Data Given Below to Answer the Following Question(s)

Question 3

Multiple Choice

Use the data given below to answer the following question(s) .
The table below shows the industrial lathe sales from the years 2000-2005.The forecaster uses the regression method to determine the forecast for the future. Use the data given below to answer the following question(s) . The table below shows the industrial lathe sales from the years 2000-2005.The forecaster uses the regression method to determine the forecast for the future.   -For the given data,the value of MSE is ________.[Hint: Round the forecast values to 3 decimal places.] A) 1,014,031.75 B) 818.73 C) 1,006.99 D) 16.51
-For the given data,the value of MSE is ________.[Hint: Round the forecast values to 3 decimal places.]


A) 1,014,031.75
B) 818.73
C) 1,006.99
D) 16.51

Correct Answer:

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