Posted: November 21st, 2022

For your individual predictive model assignment you will have to complete the following steps: identify and obtain a sample time series data set (>=100 observations) using the data provided summary statistics for the variable of concern use appropriate charts & visualizations to summarize the data provide a write up about the nature of the data highlighting key trends & talking points fit multiple forecasting models to given data (>=3 models) visualize the next 5 forecasted points along with the given data

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For your individual predictive model assignment you will have to complete the following steps: Identify and obtain a sample time series data set (>=100 observations) Using the data provided summary statistics for the variable of concern Use appropriate charts & visualizations to summarize the data Provide a write up about the nature of the data highlighting key trends & talking points Fit multiple forecasting models to given data (>=3 models) Visualize the next 5 forecasted points along with the given data in a line chart For all the models that you fit, calculate error metrics (MAPE & Mean Absolute Deviation) Create a table with the given error metrics and summarize the performance of your models Make a choice based on model metrics and provide a brief summary of why you would use a certain model.
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