Data-driven decision making and forecasting

Reference no: EM133621276

Data-driven Decision Making and Forecasting

Assessment - Evaluating forecasting-based analytics

Task

Apply multiple forecasting methods to a dataset and demonstrate a good understanding of the forecasting techniques used by answering some questions.

Assessment Description

A dataset will be provided to you in class on the day of the assessment with a series of questions to answer. The objective of the assessment is to build different forecasting models using Tableau, Exploratory, and Orange Data mining and carry out model comparisons.

Part A: Descriptive Analysis

Part B: Holt-Winters Model

Part C: ARIMA Model

Part D: VAR Model

Part E: Models Comparison

Attachment:- Assessment_Dataset.rar

Reference no: EM133621276

Questions Cloud

Distinguishing features of omni-channel distribution : Which of the following is one of the distinguishing features of omni-channel distribution? You nearly always need a consultant to implement it.

Analyst conducts statistical analysis of performance data : A business analyst conducts statistical analysis of performance data across employees and makes recommendations to decision makers based on the results

Risk career development program : What budget needs is required for this youth at risk career development program. The program will consist of twelve to fifteen face-to-face cohort participants.

Steadily increased the percentage of satisfied customers : ABC Company has determined that the organization has steadily increased the percentage of satisfied customers.

Data-driven decision making and forecasting : Objective of the assessment is to build different forecasting models using Tableau, Exploratory, and Orange Data mining and carry out model comparisons

Demonstrate good understanding of the forecasting techniques : Evaluating forecasting-based analytics - Apply multiple forecasting methods to a dataset and demonstrate a good understanding of the forecasting techniques

Build different forecasting models using tableau : Build different forecasting models using Tableau, Exploratory, and Orange Data mining and carry out model comparisons.

Five styles or modes for handling conflict : MHRM 6501-Briefly explain each of the five styles or modes for handling conflict as described by Liddle (2017) or a model described within another source

Calculate the variable cost per unit and the fixed cost : Calculate the variable cost per unit and the fixed cost using the high-low method for the production information given.

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