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

Consider the following time series data. a.Consider the following time series data. a.Consider the following time series data. a.Consider the following time series data. a.

Consider the following time series data. a. Choose the correct time series plot. (I) (iii) (ii) (iv) (iii) (iv) What type of pattern exists in the data? =0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 7 . Round your answers to two decimal places. MSE: MSE: The forecast for week 7: d. Compare the three-week moving average forecast with the exponential smoothing forecast using =0.2. Which appears to provide the better forecast based on Explain. The input in the box below will not be graded, but may be reviewed and considered by your instructor. e. Use trial and error to find a value of the exponential smoothing coefficient =0.2. Find a value of for the smallest MSE. Round your answer to three decimal places. =

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