I the Moving Average Method Merely Smooths Out the flUctuations

i. The moving average method merely smooths out the fluctuations in the data.
ii. To apply the moving average method to a time series, the data should follow a linear trend and
Have a definite rhythmic pattern of fluctuations that repeat (say, every three years) .
iii. Sales, production and other economic and business series usually have periods of oscillation that
Are of equal length or identical amplitudes.

A) (i) , (ii) , and (iii) are all correct statements.
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements but not (i) .
E) (i) , (ii) , and (iii) are all false statements.