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Please show work below: 3. Given below is the time series plot of the monthly sales of red wine (in kiloliters) by Australian winemakers from

Please show work below:

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3. Given below is the time series plot of the monthly sales of red wine (in kiloliters) by Australian winemakers from January 1980 to August 1991. 3000 2500 2000 red wine sales on kiloliters) 1500 1000 500 1980 1982 1984 1986 1988 1990 1992 Fear Also, the monthly sales in 1991 are given: Jan Feb Mar Apr May Jun Jul Aug 1007 1665 1642 1525 1838 1892 2920 2572 (A) (6 points) Based on the time series plot, which components are present in this time series? Are there any other noteworthy features? (B) (4 points) Use an MA(3) smoother to forecast the sale for September 1991. (C) (4 points) The actual sale for September 1991 was 2617. Find the absolute percentage error for the month. (D) (2 points) Which will be smoother, a 3-month moving average or a 12-month moving average

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