Provide a business application of the forecasts

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Reference no: EM133641619

Your Task

Apply forecasting techniques to a given dataset and provide a business application of the forecasts.

Assessment Description
The data provided for the assessment represents two store's sales revenue. The objective of the assessment is to develop different demand forecast models for these stores and compare the forecast models in terms of accuracy, trend, and seasonality alignment with the historical data provided. To provide conclusions, students must use visual inspection, error metrics, and information criteria on the test data.

In class: You will be presented with a dataset in class. As a group, analyse the dataset using Tableau and Exploratory.io.

After Class: Individually write a 500-word report, which briefly summarises the analysis and provides suggestions for further analysis. This component of the assessment is to be submitted via Turnitin, no more than 24 hours after class in Week 5.

Reference no: EM133641619

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