Question: For Univariate Time Series: Select a time series data which you want to forecast. The minimum data point should be 3 0 . Q 1
For Univariate Time Series:
Select a time series data which you want to forecast. The minimum data point
should be
Q Graphically plot the data against time and determine the pattern of the time
series data Trend Seasonality, Cyclicality or Random pattern in the data sets
using autocorrelation function or correlogram methods.
Q Perform the various moving averages and smoothing methods such as Nave
Methodsall simple average, moving average, double moving average,
weighted moving averages, exponential smoothing, Holts Methods and Winters
Methods of forecasting seasonal decomposition methods.
Q Select an appropriate model for the data sets for forecasting using various
forecast error measurements and give your conclusion.
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