Group Project on Forecasting: (Total 12 marks) - BUSINESS ANALYTICS
Submit one per group final Excel and PowerPoint files.
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Project tasks:
1. Find a time series dataset (real-numbers) with at least 100 data points. (First get approval)
2. Perform visual analysis (line graph) to analyze its characteristics (used for model selection) --- 1 mark
3. Select and fit at least a base model (MA or WMA) --- 3.5 marks
4. Select and fit an advanced model (ES or Trend or Seasonality model) --- 3.5 marks
5. Analyze and compare the results of the two models based on MFE vs. MAD --- 2 marks
6. Prepare 5 slides presentation (1 slide each for tasks 2-5 above + 1 for conclusions of your study) --- 2 marks