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4. The table below features three forecasting models used on the same set of data.
Type
MSE
Model 1
Exponential
Smoothing
8755.3
Model 2
Regression
Model 3
Seasonal & Trend
4876.2
5945.8
Based solely on the information in this output, which of the following si the best answer?
a.
b.
c.
d.
e.
The data set contains no trend or seasonality.
The data set contains trend but no seasonality.
The data set contains seasonality but no trend.
The data set probably contains cyclicality.
The data set contains both trend and seasonality.
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the answer is b. The data set contains tre...
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