Consider the following time series data. Choose the correct time series plot. (i) (ii) (iii) (iv) Plot (ii) What type of pattern exists in the data? Horizontal Pattern Develop a three-week moving...

Consider the following time series data.

1. Choose the correct time series plot.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   

   (i)		(ii)
   (iii)		(iv)

   
   
   Plot (ii)
   
   
   What type of pattern exists in the data?
   
   
   Horizontal Pattern
   
   
   
   


2. Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. If required, round your answers to two decimal places.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   

   Week	Time Series Value	Forecast
   1	18
   2	13
   3	16
   4	11	fill in the blank 3
   5	17	fill in the blank 4
   6	14	fill in the blank 5

   
   
   MSE: fill in the blank 6
   
   
   The forecast for week 7: fill in the blank 7
   
   
   
   


3. Use α = 0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 7. If required, round your answers to two decimal places.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   

   Week	Time Series Value	Forecast
   1	18
   2	13	fill in the blank 8
   3	16	fill in the blank 9
   4	11	fill in the blank 10
   5	17	fill in the blank 11
   6	14	fill in the blank 12

   
   
   MSE: fill in the blank 13
   
   
   The forecast for week 7: fill in the blank 14