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QUESTION 9 The following is the actual sales for Manama Company for a particular good: t Sales 1 19 2 23 3 22 4 27 5 34 The company wants to determine how accurate their forecasting model, so they asked their modeling expert to build a trend model. He found the model to forecast sales can be expressed by the following model: Ft= 5+2.4t Calculate the amount of error occurred by applying the model is: Hint: Use MSE (Round your answer to 2 decimal places)

QUESTION 9 The following is the actual sales for Manama Company for a particular good: t Sales 1 19 2 23 3 22 4 27 5 34 The company wants to determine how accurate their forecasting model, so they asked their modeling expert to build a trend model. He found the model to forecast sales can be expressed by the following model: Ft= 5+2.4t Calculate the amount of error occurred by applying the model is: Hint: Use MSE (Round your answer to 2 decimal places)

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.3: Modeling Data With Power Functions
Problem 6E: Urban Travel Times Population of cities and driving times are related, as shown in the accompanying...
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QUESTION 9 The following is the actual sales for Manama Company for a particular good: t Sales 1 19 2 23 3 22 4 27 5 34 The company wants to determine how accurate their forecasting model, so they asked their modeling expert to build a trend model. He found the model to forecast sales can be expressed by the following model: Ft= 5+2.4t Calculate the amount of error occurred by applying the model is: Hint: Use MSE (Round your answer to 2 decimal places) OUESTION 10 Save Click Save and Submit to save and submit. Click Save All Answers to save all answers.
Transcribed Image Text:QUESTION 9 The following is the actual sales for Manama Company for a particular good: t Sales 1 19 2 23 3 22 4 27 5 34 The company wants to determine how accurate their forecasting model, so they asked their modeling expert to build a trend model. He found the model to forecast sales can be expressed by the following model: Ft= 5+2.4t Calculate the amount of error occurred by applying the model is: Hint: Use MSE (Round your answer to 2 decimal places) OUESTION 10 Save Click Save and Submit to save and submit. Click Save All Answers to save all answers.
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