Which of the following is true when lambda equals 0.95?Select one:a. The weight given to the most recent observation is 0.95b. The weight given to the observation one day ago is 95% of the weight given to the observation two days agoc. The weights given to observations add up to 0.95d. The weights given to the observation two days ago is 95% of the weight given to the observation one day agoe. None of the above