Construct a time series plot. DC What type of pattern exists in the data? The...
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Construct a time series plot. DC What type of pattern exists in the data? The data appear to follow a seasonal pattem. The data appear to follow a trend pattern. The data appear to follow a horizontal pattern. The data appear to follow a cyclical pattern. Compare the three-month moving average forecast with the exponential smoothing forecast using =0.2. (Round your answers to two decimal places.) Which provides more accurate forecasts based on MSE? Exponential smoothing is more accurate, since its MSE calculated over all of the forecasted months is smaller than the MSE using the three-month moving average. $ million
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