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Problem 601 [Algorithmic] Consider the following time series data. Week '1 2 3 4 5 I5 Value 19 13 15 10 1? 13 Using the
Problem 601 [Algorithmic] Consider the following time series data. Week '1 2 3 4 5 I5 Value 19 13 15 10 1? 13 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 plaoe. U > h. Mean squared error. If required, round your answer to one decimal place. U c. Mean absolute percentage error. If required, round your intermediate calculations and nal answer to two decimal places. E d. what is the forecast for week I"? If required, round your answer to two decimal place. U
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