Question: For the Naive 1 forecast below: Year Total Exprts Nave Forecast 1960 25,939 1961 26403 25,939 1962 27722 26,403 1963 29620 27,722 1964 33340 29,620
For the Naive 1 forecast below:
| Year | Total Exprts | Nave Forecast |
| 1960 | 25,939 | |
| 1961 | 26403 | 25,939 |
| 1962 | 27722 | 26,403 |
| 1963 | 29620 | 27,722 |
| 1964 | 33340 | 29,620 |
| 1965 | 35285 | 33,340 |
| 1966 | 38926 | 35,285 |
| 1967 | 41333 | 38,926 |
| 1968 | 45544 | 41,333 |
| 1969 | 49220 | 45,544 |
| 1970 | 56640 | 49,220 |
| 1971 | 59677 | 56,640 |
| 1972 | 67223 | 59,677 |
| 1973 | 91242 | 67,223 |
| 1974 | 120897 | 91,242 |
| 1975 | 132585 | 1,20,897 |
| 1976 | 142716 | 1,32,585 |
| 1977 | 152302 | 1,42,716 |
| 1978 | 178428 | 1,52,302 |
| 1979 | 224132 | 1,78,428 |
| 1980 | 271835 | 2,24,132 |
| 1981 | 294399 | 2,71,835 |
| 1982 | 275235 | 2,94,399 |
| 1983 | 266106 | 2,75,235 |
| 1984 | 291094 | 2,66,106 |
| 1985 | 289071 | 2,91,094 |
| 1986 | 310034 | 2,89,071 |
| 1987 | 348869 | 3,10,034 |
| 1988 | 431150 | 3,48,869 |
| 1989 | 487003 | 4,31,150 |
| 1990 | 535234 | 4,87,003 |
| 1991 | 578343 | 5,35,234 |
| 1992 | 616882 | 5,78,343 |
| 1993 | 642863 | 6,16,882 |
| 1994 | 703254 | 6,42,863 |
| 1995 | 794387 | 7,03,254 |
| 1996 | 851602 | 7,94,387 |
| 1997 | 934453 | 8,51,602 |
| 1998 | 933174 | 9,34,453 |
| 1999 | 976525 | 9,33,174 |
| 2000 | 1082963 | 9,76,525 |
| 2001 | 1015366 | 10,82,963 |
| 2002 | 986095 | 10,15,366 |
| 2003 | 1028186 | 9,86,095 |
| 2004 | 1168120 | 10,28,186 |
| 2005 | 1291503 | 11,68,120 |
| 2006 | 1463991 | 12,91,503 |
| 2007 | 1660815 | 14,63,991 |
| 2008 | 1849586 | 16,60,815 |
| 2009 | 1592792 | 18,49,586 |
| 2010 | 1872320 | 15,92,792 |
| 2011 | 2143552 | 18,72,320 |
| 2012 | 2247453 | 21,43,552 |
| 2013 | 2313237 | 22,47,453 |
| 2014 | 2392268 | 23,13,237 |
| 2015 | 2279743 | 23,92,268 |
| 2016 | 2237923 | 22,79,743 |
| 2017 | 2387391 | 22,37,923 |
| 2018 | 2539383 | 23,87,391 |
| 2019 | 2528262 | 25,39,383 |
Calculate:
- Mean Error
- Mean Absolute Error
- Mean Percentage Error
- Mean Absolute Percentage Error
- Mean-Squared Error
- Root-Mean-Squared Error
- Theil's U
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