Use this information to answer Question 1 to Question 2: Consider the following time series data:

Week 1 2 3 4 5 6 Value 24 13 20 12 19 23

(Similar to problem 2.2.4 in notes)

1. (15 points) Compute three week moving average forecast and forecast using exponential smoothing ( = 0.02).

2. (15 points) Compute mean absolute error and mean square error for these methods.