Question: #15 Using the data below, calculate the bias based on using the nave forecast method. Week Time Series Value 1 7.00 2 12.00 3 23.00

#15 Using the data below, calculate the bias

#15 Using the data below, calculate the bias based on using the nave forecast method. Week Time Series Value 1 7.00 2 12.00 3 23.00 4 16.00 Submit Answer format: Number: Round to: 1 decimal places, #16 Using the data below, what is the simple exponential smoothing forecast for the 4th week where a=0.4? Week Time Series Value 1 6.00 2 4.00 3 4.00 4 8.00 Submit

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