Question: Please see the image and answer the questions Statistics on Canadian exports are used for a variety of purposes, from projecting Canada's foreign exchange earnings

Please see the image and answer the questions
Statistics on Canadian exports are used for a variety of purposes, from projecting Canada's foreign exchange earnings to planning capacity in Canadian ports. The file ch05_MCSP_Canadian_Exports contains monthly export data from Statistics Canada for three geographical areas. Statistics Canada calculates exports on a Customs basis and also on a Balance of Payments basis, and the file contains footnotes describing the difference.6 a. Draw time series graphs of this export data and identify any major differences between the Customs and Balance of Payments" series. b. Explain which basis of calculation, "Customs or Balance of Payments," would be appropriate for projecting Canada's foreign exchange earnings. c. Explain which basis of calculation, Customs or Balance of Payments," would be appropriate for planning capacity in Canadian ports. d. Are there any exceptional periods during which exports in the three geographical areas have differed from overall trends? e. In order to forecast future exports, for which geographic region(s) would the mean value of the data be appropriate? Give reasons for your answer. Statistics on Canadian exports are used for a variety of purposes, from projecting Canada's foreign exchange earnings to planning capacity in Canadian ports. The file ch05_MCSP_Canadian_Exports contains monthly export data from Statistics Canada for three geographical areas. Statistics Canada calculates exports on a Customs basis and also on a Balance of Payments basis, and the file contains footnotes describing the difference.6 a. Draw time series graphs of this export data and identify any major differences between the Customs and Balance of Payments" series. b. Explain which basis of calculation, "Customs or Balance of Payments," would be appropriate for projecting Canada's foreign exchange earnings. c. Explain which basis of calculation, Customs or Balance of Payments," would be appropriate for planning capacity in Canadian ports. d. Are there any exceptional periods during which exports in the three geographical areas have differed from overall trends? e. In order to forecast future exports, for which geographic region(s) would the mean value of the data be appropriate? Give reasons for your answer. Statistics on Canadian exports are used for a variety of purposes, from projecting Canada's foreign exchange earnings to planning capacity in Canadian ports. The file ch05_MCSP_Canadian_Exports contains monthly export data from Statistics Canada for three geographical areas. Statistics Canada calculates exports on a Customs basis and also on a Balance of Payments basis, and the file contains footnotes describing the difference.6 a. Draw time series graphs of this export data and identify any major differences between the Customs and Balance of Payments" series. b. Explain which basis of calculation, "Customs or Balance of Payments," would be appropriate for projecting Canada's foreign exchange earnings. c. Explain which basis of calculation, Customs or Balance of Payments," would be appropriate for planning capacity in Canadian ports. d. Are there any exceptional periods during which exports in the three geographical areas have differed from overall trends? e. In order to forecast future exports, for which geographic region(s) would the mean value of the data be appropriate? Give reasons for your answer. Statistics on Canadian exports are used for a variety of purposes, from projecting Canada's foreign exchange earnings to planning capacity in Canadian ports. The file ch05_MCSP_Canadian_Exports contains monthly export data from Statistics Canada for three geographical areas. Statistics Canada calculates exports on a Customs basis and also on a Balance of Payments basis, and the file contains footnotes describing the difference.6 a. Draw time series graphs of this export data and identify any major differences between the Customs and Balance of Payments" series. b. Explain which basis of calculation, "Customs or Balance of Payments," would be appropriate for projecting Canada's foreign exchange earnings. c. Explain which basis of calculation, Customs or Balance of Payments," would be appropriate for planning capacity in Canadian ports. d. Are there any exceptional periods during which exports in the three geographical areas have differed from overall trends? e. In order to forecast future exports, for which geographic region(s) would the mean value of the data be appropriate? Give reasons for your
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