3. Sales (in thousands) of the new Thorton Model 506 convection oven over the eight-week period since its introduction have been as follows: Week Sales 1 18.6 2 21.4 3 25.2 4 22.4 5 24.6 6 19.2 7 21.7 8 23.8 a) Use Naïve forecast, compute the accuracy measures and what is the forecast for week 9

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Step-by-step explanation:

Given that;

Sales (in thousands) of the new Thorton Model 506 convection oven over the eight-week period since its introduction have been as follows: WeekSales 118.6 221.4 325.2 4 22.4 524.6 619.2 721.7 823.8 a) Use Naïve forecast, compute the accuracy measures and what is the forecast for week 9

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the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

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step-by-step explanation: