Below is a hypothetical quarterlytime series plot ofa variable of interest over a 5year period, where the black coloured numbers represent MONTHS {x-axis} whereas underneath in blue is the year (x-axisL 150 140 120 100 80 60 40 20 0 1 2 3 4 5 Year Which of the below answers is the best interpretation of this graph? Which ofthe below answers is the best interpretation of this graph? Select one: Q a. Time series graph showing a cyclical pattern repeating approximately every year downturns in the first two quarters, upward trajectory in 03 and 04. Useful for showing individual snapshots at points in time. O b. Time series graph with a long-term upward trend; no seasonal or cyclical trends. 0 c. Time series graph showing evidence ofa seasonal pattern repeating approximately every year a peak in Q2, a trough around Q3 and recovery in Q4. Useful for showing trends and repetitive patterns overtime. Q d. Line graph showing a relationship between two variables. In this case a clear positive relationship between the two variables. 0 e. Time series graph with accompanying moving average series plot. Useful for showing long-term trends andfor repetitive patterns. Moves in cycles every year (upward followed by downward movements repeating]