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MONTH/YEAR PRICE - Y Prediction (F) error Absolute Error Squared Error Jan2010 1118 Feb2010 1095.4 Mar2010 1113.3 Apr2010 1148.7 May2010 1205.4 Jun2010 1232.9 Jul2010 1193

MONTH/YEAR PRICE - Y Prediction (F) error Absolute Error Squared Error
Jan2010 1118
Feb2010 1095.4
Mar2010 1113.3
Apr2010 1148.7
May2010 1205.4
Jun2010 1232.9
Jul2010 1193
Aug2010 1215.8
Sep2010 1271.1
Oct2010 1342
Nov2010 1369.9
Dec2010 1390.6
Jan2011 1356.4
Feb2011 1372.7
Mar2011 1424
Apr2011 1473.8
May2011 1510.4
Jun2011 1528.7
Jul2011 1572.8
Aug2011 1775.8
Sep2011 1771.9
Oct2011 1665.2
Nov2011 1739
Dec2011 1652.3
Jan2012 1652.21
Feb2012 1742.14
Mar2012 1673.77
Apr2012 1649.69
May2012 1591.19
Jun2012 1598.76
Jul2012 1589.9
Aug2012 1630.31
Sep2012 1744.81
Oct2012 1746.58
Nov2012 1721.64
Dec2012 1684.76
Jan2013 1671.85
Feb2013 1627.57
Mar2013 1593.09
Apr2013 1487.86
May2013 1414.03
Jun2013 1343.35
Jul2013 1285.52
Aug2013 1351.74
Sep2013 1348.6
Oct2013 1316.58
Nov2013 1275.86
Dec2013 1221.51
Jan2014 1244.27
Feb2014 1299.58
Mar2014 1336.08
Apr2014 1298.45
May2014 1288.74
Jun2014 1279.1
Jul2014 1310.59
Aug2014 1295.13
Sep2014 1236.55
Oct2014 1222.49
Nov2014 1175.33
Dec2014 1200.62
Jan2015 1250.75
Feb2015 1227.08
Mar2015 1178.63
Apr2015 1198.93
May2015 1198.63
Jun2015 1181.5
Jul2015 1128.31
Aug2015 1117.93
Sep2015 1124.77
Oct2015 1159.25
Nov2015 1086.44
Dec2015 1068.25
Jan2016 1097.91
Feb2016 1199.5
Mar2016 1245.14
Apr2016 1242.26
May2016 1260.95
Jun2016 1276.4
Jul2016 1336.65
Aug2016 1340.17
Sep2016 1326.61
Oct2016 1266.55
Nov2016 1238.35
Dec2016 1157.36
Jan2017 1192.1
Feb2017 1234.2
Mar2017 1231.42
Apr2017 1266.88
May2017 1246.04
Jun2017 1260.26
Jul2017 1236.85
Aug2017 1283.04
Sep2017 1314.07
Oct2017 1279.51
Nov2017 1281.9
Dec2017 1264.45
Jan-18
MAD
MSE
RMSE

The data gives the monthly gold price per ounce. Use naive method to predict the gold price for January 2018. Also,complete the table and find the three measures of error.

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