Question: Consider the following time series data. table [ [ Week , 1 , 2 , 3 , 4 , 5 , 6 ] ,
Consider the following time series data.
tableWeekValue
Using the naive method most recent value as the forecast for the next week, compute the following measures of forecast accuracy.
a Mean absolute error
If required, round your answer to one decimal place.
b Mean squared error
If required, round your answer to one decimal place.
c Mean absolute percentage error
If required, round your intermediate calculations and final answer to two decimal places.
d What is the forecast for week
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