Use the Data Given Below to Answer the Following Question(s)

question 78

Multiple Choice

Use the data given below to answer the following question(s) .
The table below shows the industrial lathe sales from the years 2000-2005.The forecaster uses the regression method to determine the forecast for the future.
-For the data given above,what is the value of RMSE? [Hint: Round the forecast values to 3 decimal places.]

• A)1,014,031.75
• B)818.73
• C)1,006.99
• D)16.51

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