Question: Consider the following time series data. Week 1 2 3 4 5 6 Value 20 12 15 11 19 15 Using the nave method (most

Consider the following time series data.

Week 1 2 3 4 5 6
Value 20 12 15 11 19 15

Using the nave method (most recent value) as the forecast for the next week, compute the following measures of forecast accuracy.

Mean absolute error. Round your answer to one decimal place. ________

Mean squared error. Round your answer to one decimal place. _______

Mean absolute percentage error. Round your answer to two decimal places. _______

What is the forecast for week 7? Round your answer to the nearest whole number.

_________

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