Question: Consider the following time series data. a. Choose the correct time series plot. (i) (ii) (iii (iv) What type of pattern exists in the data?

 Consider the following time series data. a. Choose the correct timeseries plot. (i) (ii) (iii (iv) What type of pattern exists inthe data? MSE: The forecast for week 7: . Compare the three-week

Consider the following time series data. a. Choose the correct time series plot. (i) (ii) (iii (iv) What type of pattern exists in the data? MSE: The forecast for week 7: . Compare the three-week moving average forecast with the exponential smoothing forecast using a=0.2. Which appears to provide the better f Explain. The input in the box below will not be graded, but may be reviewed and considered by your instructor: Use trial and error to find a value of the exponential smoothing coefficient a that results in a smaller MSE than what you calculated for a = 0.2

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