Question: Consider the following time series data. Week 1 2 3 4 5 6 Value 19 13 17 11 18 14 Using the naive method (most

Consider the following time series data. Week 1 2 3 4 5 6 Value 19 13 17 11 18 14 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 MAE = Incorrect: Your answer is incorrect. (b) mean squared error MSE = Incorrect: Your answer is incorrect. (c) mean absolute percentage error (Round your answer to two decimal places.) MAPE = Incorrect: Your answer is incorrect. % (d) What is the forecast for week 7?

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