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A Company Has Developed a Linear Trend Model to Forecast

Question 62

Multiple Choice

A company has developed a linear trend model to forecast monthly sales.The following data show the actual sales and the "fitted" sales for months 1-12. A company has developed a linear trend model to forecast monthly sales.The following data show the actual sales and the fitted sales for months 1-12. Based on these data,what is the mean square error for the linear trend model? A) Approximately 7,968 B) About 99,615 C) Nearly 18,000 D) None of the above Based on these data,what is the mean square error for the linear trend model?


A) Approximately 7,968
B) About 99,615
C) Nearly 18,000
D) None of the above

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