Question: Problem 15-05 (Algorithmic) Consider the following time series data. Week 1 2 3 4 5 6 Value 17 13 15 11 16 14 a. Choose

Problem 15-05 (Algorithmic) Consider the

Problem 15-05 (Algorithmic) Consider the following time series data. Week 1 2 3 4 5 6 Value 17 13 15 11 16 14 a. Choose the correct time series plot. (0) (ii) Time Series Value Time Series Value 20 20 18 18 16 16 14 14 12 12 10 10 8 8 6 6 4 4. 2 2 Week(t) We (iii) (iv) Time Series Value Time Series Value 20 20 18 18 16 16 M M 14 14 12 12 10 10 8 8 6 6 4 4 2 2 Week(t) We 2 3 4 5 6 2 3 4 5 6 Plot (iii) What type of pattern exists in the data? Horizontal Pattern b. Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. Round your answers to two decimal places. Time Series Week Value Forecast 1 17 2 13 3 15 4 11 5 16 6 14 MSE: The forecast for week 7

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