Question: Solve this question For this individual coursework. you are required to use the Utility data on module which is a set of time series data

Solve this question

Solve this question For this individual coursework. you are required to usethe Utility data on module which is a set of time seriesdata covering 5 years. You are required to: Experiment m different forecastingmodels and decide on the most appropriate time series model for your

For this individual coursework. you are required to use the Utility data on module which is a set of time series data covering 5 years. You are required to: Experiment m different forecasting models and decide on the most appropriate time series model for your data. Use your model to forecast the four quarterly gures for the year following the end of your data. Compare your forecasts with the actual gures for that year. which you will have been given. Investigate and give a brief explanation of how clustering could be used as a part of your time series analysis. Write a well-structured report of your ndings. The marking scheme is as follows: Report Structure and Presentation Introduction to the data Time series analysis Forecasts Critical explanation of using clustering as part of time series analysis Copies of the 2 models in appendix of report \f

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 Accounting Questions!