Question: Using the data below, calculate the bias based on using the nave forecast method. Week Time Series Value 1 25.00 2 8.00 3 17.00 4
Using the data below, calculate the bias based on using the nave forecast method.
| Week | Time Series Value |
| 1 | 25.00 |
| 2 | 8.00 |
| 3 | 17.00 |
| 4 | 19.00 |
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