What is the mae using the naive method

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Reference no: EM133380182

Question: Consider the following time series data

Week Value
1 32
2 15
3 24
4 10
5 28
6 34

What is the forecast for week 7 using the naive method?

What is the MAE using the naive method? Round to the nearest hundredth?

What is the MAE using an average of all of the historical information? Round to the nearest hundredth?

What is the MSE using the naive method? Round to the nearest hundredth?

What is the MSE using an average of all of the historical information? Round to the nearest hundredth?

Reference no: EM133380182

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