Question: Consider the following time series data. Week 1 2 3 4 in 6 Value 17 14 15 12 18 13 Using the naive method (most

Consider the following time series data. Week 1 2
Consider the following time series data. Week 1 2 3 4 in 6 Value 17 14 15 12 18 13 Using the naive method (most recent value) as the forecast for the next week, compute the following. (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? 13

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