The following table gives the US unemployment rate for each of the years 2001-2012: Year Unemployment rate 2001 4.7 2002 5.8 2003 6.0 2004 5.5 2005 5.1 2006 4.6 2007 4.6 2008 5.8 2009 9.3 2010 9.6 2011 8.9 2012 8. 1 National Bureau of Labor Statistic Source: Use your calculator to draw a time series plot for this data and describe the A. The unemployment rate increases until 2003 and then decreases until 2007 when trend you see. there is a sharp increase until it peaks in 2010 then starts to decline again. * Predict the unemployment rate for 2013 using a 5-year moving B. 8.34 average. C. 8.4 * Compute the forecast for the unemployment rate for 2013 using D. 8.87 exponential smoothing with a smoothing constant, a = .25. The forecast for 2012 is 8.5. E. The unemployment rate is steadily increasing from 2001 to 2012. F. 8