Question: Week: 1 2 3 4 5 6 Value: 2 0 1 3 1 5 1 0 1 7 Consider the following time series data. Using
Week:
Value: Consider the following time series data.
Using the naive method most recent value as the forecast for the next week, compute the following measures of forecast accuracy.
a Mean absolute error
If required, round your answer to one decimal place.
b Mean squared error
If required, round your answer to one decimal place.
c Mean absolute percentage error
If required, round your intermediate calculations and final answer to two decimal places.
d What is the forecast for week
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