a We want to forecast sales for 2022 and 2023 using either a simple trend model or a quadratic trend model. Use a within
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a We want to forecast sales for 2022 and 2023 using either a simple trend model or a quadratic trend model. Use a within
a We want to forecast sales for 2022 and 2023 using either a simple trend model or a quadratic trend model. Use a within sample forecasting technique to determine the best model using the RMSE measure discussed in lecture. Once this model has been determined, provide actual forecasts for 2022 and 2023. Report the two RMSE values in your submission along with the actual forecasts. You need to report the two RMSE values for the within-sample forecast, the actual forecast you will use but you do not need to submit the Excel file you used to create those values. Year Sales Trend - 2012 2013 2017 2015 2016 2017 2018 2019 2020 2021 121 187 165 134 155 167 200 206 221 231 1 2 3 4. 5 6 7 8 9 10
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