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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 (to 1 decimal). b. Mean squared error (to 1 decimal). c. Mean absolute percentage error (to 2 decimals). d. What is the forecast for week (to 2 decimals)
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Using the naive method (most recent value) as the forecast for the next week, compute the following...
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