The Following Output Is Provided for a Linear Trend Regression-Based

question 78

Multiple Choice

The following output is provided for a linear trend regression-based forecasting model based on 12 months of data: Suppose that the actual sales for months 13-15 are: 720,680,800.Given this,which of the following is the forecast bias value for months 13-15?

• A)Approximately 77.7
• B)Approximately 233.2
• C)About -56.8
• D)Just under 80

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