Question: 6 Consider the following time series data. Week 1 2 3 4 5 Value 18 12 16 10 12 Using the average of all the

6 Consider the following time series data. Week 1 2 3 4 5 Value 18 12 16 10 12 Using the average of all the historical data as a forecast for the next period, compute the following (Round your answers to two decimal places.) (a) mean absolute error- MAE 15 (b) mean squared error MSE - 282 (c) mean absolute percentage error MAPE = 1370 X (d) What is the forecast for week 7? 14.67

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