Question: Week 1 2 3 2 4 5 6 Value 18 12 16 10 17 15 Using the average of all the historical data as a

Week 1 2 3 2 4 5 6 Value 18 12 16 10 17 15 Using

Week 1 2 3 2 4 5 6 Value 18 12 16 10 17 15 Using the average of all the historical data as a forecast for the next period, compute the following. (Round your answers to two decimal places.) (a) mean absolute error MAE = 3.8 (b) mean squared error MSE = 19.8 x (c) mean absolute percentage error MAPE = 28.15 x % (d) What is the forecast for week 7? 15

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