Use the sales data given below determine:
a) The least square trend line.
b) The predicted value for 2002 sales.
c) The MAD.
d) The unadjusted forecasting MSE.
|
Year
|
Sales(Units)
|
Year
|
Sales(Units)
|
|
1995
|
130
|
1999
|
169
|
|
1996
|
140
|
2000
|
182
|
|
1997
|
152
|
2001
|
194
|
|
1998
|
160
|
2002
|
?
|