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Question 34 (5 points) For the following time series, you are given the naive average forecast. Time Period Time Series Value Nave Average Forecast 1

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Question 34 (5 points) For the following time series, you are given the naive average forecast. Time Period Time Series Value Nave Average Forecast 1 20 -- 2 17 20 3 19 17 4 23 19 The mean absolute percentage error (MAPE) equals a) 47.81 b) 3 c) 9 d) 45.56

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