The table below features three exponential smoothing

| June 13, 2018

1. The table below features three exponential smoothing models used on the same set of data.TypeMSEModel 1ExponentialSmoothing8755.3Model 2Trend4876.2Model 3Trend withSeasonality5945.8a. Based solely on the information in this output, what would you conclude about theunderlying data set? Explain. (3)b. Are there any other possible explanations for the values in the table? Explain. (3)

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