Question: Question 1 . CoastCo Insurance is interested in developing a forecast of larceny thefts in the United States. Download the spreadsheet Download Download the spreadsheetfor
Question CoastCo Insurance is interested in developing a forecast of larceny thefts in the United States. Download the spreadsheet Download Download the spreadsheetfor the available data.
Plot this series in a time series plot and make a naive forecast for years through
Plot actual and forecast values of the series for the years through You will not have an actual value for year or a forecast value for year
Calculate the RMSE and MAD for years through On the basis of these measures and what you see in the plot, what do you think of your forecast? Explain.
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