An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trendequation and the naive approach. the linear trend equation isFt = 124 + 2t, and it was developed using data fromperiods 1 through 10. Based on data for periods 11 through 20as shown in the table, which of these two methods has the greateraccuracy?
t |
Units Sold |
11 |
147 |
12 |
148 |
13 |
151 |
14 |
145 |
15 |
155 |
16 |
152 |
17 |
155 |
18 |
157 |
19 |
160 |
20 |
165 |