Question: Based on the time series plot in the attachment, answer the following questions. In these questions, it's sufficient to provide explanations and, if possible, write

Based on the time series plot in the attachment,

Based on the time series plot in the attachment, answer the following questions. In these questions, it's sufficient to provide explanations and, if possible, write down the related equation with the required parameter(s). Don't attempt to calculate something. a. Determine the elements of time for this series. b. Whichever of the following methods would be most appropriate to forecast this time series for the next period in advance: Single Exponential Forecasting, Holt's Method, additive Winters Method, multiplicative Winters Method, additive Holt-Winters Method, and multiplicative Holt-Winters Method? Explain why. c. How can this time series be detrended based on differencing? Daily Bus Ridership for 146 Days on the Pike Street Route, Seattle 900 800 700 Daily Bus Ridership 600 500 400 300 azerbaycanda week 1 3 7 9 11 13 15 17 Monday Monday Monday Monday Monday Monde 19 Monda 21 Monday Monday Monday Monde

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