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Question 18

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Consider the following to answer the question(s) below:
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.
Consider the following to answer the question(s) below: 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 (MSE) for the linear trend model? A) 7976.167 B) 95714 C) 81.33 D) 976 E) none of the above
-Based on these data, what is the mean square error (MSE) for the linear trend model?


A) 7976.167
B) 95714
C) 81.33
D) 976
E) none of the above

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