For the Following Time Series Data, Using the Naïve Method

question 22

Essay

For the following time series data, using the naïve method (the most recent value as the forecast for the next period), answer the following questions. ​
a
Compute mean absolute error (MAE).
b.
Compute mean squared error (MSE).
c.
What is the forecast for period 7?

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Definitions:

Social Liberation

A process of gaining greater autonomy and rights in a social context, often associated with marginalized or oppressed groups seeking equality.

Therapeutic Process

The sequence of interventions, interactions, and stages that occur within a therapeutic relationship aimed at achieving the treatment goals set by the therapist and client.

Non-Gender Sensitive Therapy

A therapeutic approach that does not specifically incorporate an understanding of gender issues or tailor treatments according to gender differences.

Personal Influences

Refers to the impact that individual attributes, relationships, and experiences have on a person's behavior, attitudes, and outcomes.