Lesson 6: Time Series Forecasting

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September 27, 2015 at 9:38 pm  •  Posted in f15-busad360 by  •  2 Comments

Sep 28, 2015

Review:

Presentation:

  • Time Series Forecasting (sample data: Crude Oil Prices)
    • Linear Trend
    • Moving Average
    • Polynomial Curve Fitting

Activity:

  • Develop Linear Trend Model (by hand)
  • Generate Forecast for next 3 months

Assignment:

  • Use Sheets and Crude Oil Price Data to Generate Forecasts (for Oct, Nov, Dec 2015). Develop 3 sets of forecasts using the 3¬†approaches demonstrated in class: (1) linear trend, (2) moving average and (3) polynomial fit.
  • Post results to your blog

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