Question: 3. Use at least two different forecasting models on the new data set you developed in question 2 by aggre- gating the original data. Compare

3. Use at least two different forecasting models

3. Use at least two different forecasting models

3. Use at least two different forecasting models on the new data set you developed in question 2 by aggre- gating the original data. Compare their forecast per- formance and provide an evaluation. MTWTFSS 13 14 15 16 17 18 19 MTWTFSS 20 21 22 23 24 25 26 a M T W 27 28 29 30 31 Hourly Patient Arrivals in the ER Day of Week WTFSS MTWTFSS Day of Month 1 2 3 4 5 6 7 8 9 10 11 12 Time (hr) 01 1 1 2 1 1 011 0 2 2 2 02 0 1 2 1 1 000 0 3 1 2 03 4 2 1 3 1 103 3 0 0 1 04 2 4 3 3 3 1 1 3 4 0 3 3 05 0 2 1 3 3 1 11 3 3 3 3 06 1 2 2 3 2 011 1 4 3 2 07 10002 320 1 2 1 3 08 1 1 1 2 2 2 11 3 1 0 2 09 2 2 1 1 2 1 13 4 1 2 2 10 3 2 4 3 5 0 13 3 4 3 1 11 2 4 5 64 2 3 2 3 5 5 4 12 3 3 4 5 5 1 4 2 2 3 6 3 13 5 6 4 3 5 4 3 4 2 4 4 6 14 5 4 6 4 6 4 4 5 4 4 4 4 15 4 4 5 5 5 345 3 2 6 5 16 2 3 5 4 5 333 2 4 4 5 17 0 1 4 4 5 320 2 5 4 4 18 2 3 2 2 2 2 13 14 32 19 1 2 200 012 4 1 2 2 20 3 1 200 111 3 3 3 1 21 4 5 4 5 3 315 1 4 0 2 22 3 2 4 6 5 204 0 3 5 5 23 4 1 5 6 5 3 3 3 3 5 4 4 24 4 0 3 4 3 3 3 3 3 2 5 6 0 1 0 1 2 1 0 0 1 2 1 2 1 2 1 0 2 3 0 20 1 1 33 0 3 3 1.1 3 2 4 3 4 10 0 2 2 2 3 2 3 2 1 1 0 1 3 1 3 0 0 4 1 1 2 3 2 1 0 3 1 0 4 2 5 4.4 1 2 1 3 4 6 5 0 3 2 4 4 6 4 3 4 3 5 5 26 4 3 5 4 5 4 6 3 5 5 4 6 5 4 3 2 3 4 5 4 5 3 3 2 0 5 4 5 3 2 1 3 0 2 3 1 1 1 2 2 0 1 1 0 2 1 3 1 1 2 2 5 4 3 4 0 2 3 3 3 6 6 5 2 4 2 2 6 6 6 4 0 2 0 2 4 5 0 1 0 1 0 1 0 0 1 3 1 2 1 0 1 0 1 0 2 3 2 2 3 2 1 0 3 3 0 2 3 1 4 2 4 1 2 1 3 1 0 1 1.1 20001 4 0 2 2 2 2 3 0 1 3 1 2 4 3 1.1 4 0 3 4 4 2 3 2 3 5 2 4 0 4 2 2 5 4 5 4 5 3 4 4 5 6 3 3 5 5 5 6 6 34 5 3 6 6 4 3 3 3 3 0 0 1 3 2 3 2 21.1 2 3 0 2 3 2 3 1 1 1 0 5 4 5 20 0 2 1 5 4 5 0 1 5 2 24.0 20 3 4 3 4 5 3 2 3 3 6 6 5 3 0 1 0 6 6 6 1 0 0 0 0 0 1 1 1 0 0 1 2 1 2 0 2 3 1 2 2 3 3 1 4 0 1 1 0 0 1 1 2 2 1 1 0 2 1 2 1 1 4 3 2 4 2 3 0 3 04 3 2 4 2 3 2 3 5 4 3 2 4 5 3 4 5 3 5 3 5 5 5 6 2 2 0 2 2 3 1 1 3 0 2 0 2 3 3 2 3 3 1 5 1 3 3 0 5 2 0 3 4 1 3 0 5 3 3 0 1 3 2 6 3 2 1 0 6

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!