Question: Consider the following time series data. Using the nalve method (most recent value) as the forecast for the next week, compute the following measures of

Consider the following time series data. Using the nalve method (most recent value) as the forecast for the next week, compute the following measures of forecast accuracy. (a) mean absolute error MAE = (b) mean squared error MSE = (c) mean absolute percentage error (Round your answer to two decimal places.) MAPE = (d) What is the forecast for week 7

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