Question: a . Construct a time series plot. What type of pattern exists in the data? b . Use the Naive model to forecast the time

a. Construct a time series plot. What type of pattern exists in the data?
b. Use the Naive model to forecast the time series. Provide the the forecast of the percentage of stocks in a typical portfolio for the second quarter of year 3 using the Naive model.
c. Use the Average Past Values model to forecast the time series. Provide the the forecast of the percentage of stocks in a typical portfolio for the second quarter of year 3 using the Average Past Values model.
d. Use trail and error to find a value of the exponential smoothing coefficient alpha that results in a relatively small MSE.
e. Using the exponential smoothing model you developed in part (b), what is the forecast of the percentage of stocks in a typical portfolio for the second quarter of year 3?

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