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The vakese of Aabama boiding coritracts (in milinns of dotiars) for a 12 -month purisd folin. (a) Comfruct a twens serkes cfof What trpe of

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The vakese of Aabama boiding coritracts (in milinns of dotiars) for a 12 -month purisd folin. (a) Comfruct a twens serkes cfof What trpe of pattem exerts in the data? The data appear to follow a seasonal pattern. The dota appoor to follow a horizontal pattern. The data oppear to follow a cyclical pattern. The data appear to follow a trend portern. Compans the three-month maving average forecast wh the exponential smoothing forecast using a0.2. Which proviles moce accurate forecasts based on MSE? Dxponentid smoothing brmere accurate, eince its MsE calculated ower all of the forecasted montts is smalter that the MSE using the three-month moving average The three-menth moving dretoge is more accurnte, stice its Mst is smaller than the Mst for expocential smoothing calouloted over atl of the forecasted months

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