Given the following sales data for the past 10 weeks, use a linear regression model to compute the forecast for week 11.
Posted: Fri May 20, 2022 8:07 am
Given the following sales data for the past 10 weeks, use a
linear regression model to compute the forecast for week 11.
Week
1
2
3
4
5
6
7
8
9
10
Sales
700
724
720
728
740
742
758
750
770
775
Let t = week number. What is the forecasting model to use?
Group of answer choices
F(t) = 699.4 + 15.1(t)
F(t) = 699.4 + 7.5(t)
F(t) = 742.3 + 8.7(t)
F(t) = 742.3 + 14.8(t)
F(t) = 742.3 + 18.2(t)
Sales Data by Week 800 780 760 740 720 Sales 700 680 660 640 620 600 1 2 3 4 5 6 7 8 9 10 Week
linear regression model to compute the forecast for week 11.
Week
1
2
3
4
5
6
7
8
9
10
Sales
700
724
720
728
740
742
758
750
770
775
- Given The Following Sales Data For The Past 10 Weeks Use A Linear Regression Model To Compute The Forecast For Week 11 1 (376.54 KiB) Viewed 27 times
Group of answer choices
F(t) = 699.4 + 15.1(t)
F(t) = 699.4 + 7.5(t)
F(t) = 742.3 + 8.7(t)
F(t) = 742.3 + 14.8(t)
F(t) = 742.3 + 18.2(t)
Sales Data by Week 800 780 760 740 720 Sales 700 680 660 640 620 600 1 2 3 4 5 6 7 8 9 10 Week