Question: Graph (i) What type of pattern exists in the data? - Select your answer - V ) Develop a three-month moving average for this time

Graph (i) What type of pattern exists in the

Graph (i) What type of pattern exists in the data? - Select your answer - V ) Develop a three-month moving average for this time series. Compute MSE and a forecast for month 8. If required, round your answers to two decimal places. Do not round intermediate calculation. MSE: The forecast for month 8: ) Use a = 0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for month 8. If required, round your answers to two decimal places. Do not round intermediate calculation. MSE: The forecast for month 8: 1) Compare the three- month moving average forecast with the exponential smoothing forecast using a = 0.2. Which appears to provide the better forecast based on MSE? - Select your answer - :) Use trial and error to find a value of the exponential smoothing coefficient a that results in the smallest MSE. If required, round your answer to two decimal places. Icon Key Consider the following time series data: Month 1 2 3 4 5 6 7 Value 24 15 21 13 19 21 16 (a) Choose the correct time series plot. (0) 30 25 20 Value 15 5 0 1 2 3 5 6 7 4 Month 30 25 20 Value 15 10 5

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