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The following time series shows the sales of a particular product over the past 1 2 months. Use the Na ve forecast method to get

The following time series shows the sales of a particular product over the past 12 months.
Use the Nave forecast method to get the forecasts for Month 2-12. Calculate the MAE, MSE, and MAPE.
----Details are required. Please print the paper sheet and have all your calculations on the paper sheet (No Excel working sheet is accepted here).
Month Sales
188
299
396
497
5108
6119
7120
8121
9100
1089
1188
1290
b. Use the 3-month moving average forecast method to get the forecasts for Month 4-12. Calculate the MAE, MSE, and MAPE.
Month Sales
188
299
396
497
5108
6119
7120
8121
9100
1089
1188
1290
c. Which approach do you think is better? Why?

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