The file P16_01.xlsx contains quarterly sales at Johnson & Johnson from 1991 through the first quarter of 2001. Chart these sales and fit both a linear trendline and an exponential trendline through...


The file P16_01.xlsx contains quarterly sales at Johnson & Johnson from 1991 through the first quarter of 2001. Chart these sales and fit both a linear trendline and an exponential trendline through the points. Then calculate the MAPE for each. Does either provide a good fit? Which of the two provides the better fit? Interpret the better-fitting trendline.



May 25, 2022
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