The data in the table below represent observed data for number of credit cards in Australia for a $2-$year period from Jan$-15$ to Dec$-16(24$ monthly observations$)$

The forecast model which generates the forecast column is likely to be a$($n$)$

$[$Press CTRL and $"-"$ to see the whole table by reducing the font size. Press CTRL and $"+"$ to restore the font size$]$

Question $16$Select one:

a$.$

Holt's Exponential Smoothing $($HES$)$ model

b$.$

Trend Extrapolation model

c$.$

Moving Average model

d$.$

Adaptive Response Rate Exponential Smoothing $($ARRSES$)$ model

e$.$

Simple Exponential Smoothing $($SES$)$ model