able[[Week,1,2,3,4,5,6],[Value,18,12,15,11,18,15]]
sing the naive method (most recent value) as the forecast for the next week, compute the following measures of forecast accuracy.
a) mean absolute error
MAE=||
b) mean squared error
MSE =
C) mean absolute percentage error (Round your answer to two decimal places.)
MAPE =, imes %
d) What is the forecast for week 7 ?
Week
1
2
3
4
5
6
Value
18
12
15 11
18
15
sing the naive method (most recent value as the forecast for the next week, compute the following measures of forecast accuracy a)mean absolute error 4 MAE=5 X
b)mean squared error MSE=
mean absolute percentage error (Round your answer to two decimal places.) MAPE=2.78 X%
) What is the forecast for week 7?
15