Long description
The trend projection with regression solver is set to begin in period 1, begin error analysis in period 1, and provide 3 future forecasts. A trend projection graph plots data on the Y axis, and periods on the X axis. The forecast line shows a steady increase from 30 to 75 over periods 0 to 20. The actual data line increases and decreases, but remains consistent with the rise of the forecast. Data below the graph reads as follows.
A, or Y intercept, 28.50.
B, or slope or trend, 2.35.
R 2, 0.69.
C F E, 0.00.
M A D, 6.21.
M S E, 52.96.
M A P E, 13.53%.
Forecast for period 17, 68.375.
Forecast for period 18, 70.72059.
Forecast for period 19, 73.06618.
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