Quarter-Year Applications 1-05 96 2-05 114 3-05 112 4-05 81 1-06 97 2-06 103 3-06 120 4-06 99 1-07 105 2-07 110 3-07 117 4-07 1-08 2-08 3-08 4-08 1-09 R $ R 100 2-09 122 3-09 113 4-09 100 1-10 102 2-10 96 3-10 116 4-10 98 The quarterly numbers of applications for home mortgage loans at a branch office of Chemical Bank Central are recorded in the table below. Quarter-Year Applications 1-05 96 2-05 114 3-05 112 4-05 81 1-06 97 2-06 103 3-06 120 4-06 99 1-07 105 2-07 110 3-07 117 4-07 96 1-08 74 2-08 94 3-08 100 4-08 96 1-09 95 2-09 122 3-09 113 4-09 100 1-10 102 Below is the time series chart for this data. 140.00 120.00 100.00 80.00 60.00 40.00 20.00 0.00 Q1-2005 Q2-2005 Q3-2005 Q4-2005 Original Observations StatTools Student Version For Academic Use Only 02-2007 Q3-2007 Q4-2007 Q1-2008 Q2-2008 Q3-2008 Q4-2008 Q1-2009 Q2-2009 Q3-2009 Q4-2009 Q1-2010 Q2-2010 Q3-2010 Q4-2010 Based on what you see in the time series chart of the data, which of the exponential smoothing models (Simple, Holt's, Winters do you think should be used for forecasting? And why?