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Data Analysis and Forecasting Assignment PDF

   

Added on  2021-02-21

11 Pages1311 Words78 Views
DATA ANALYSIS ANDFORECASTING

Declaration formI declare that this project is all my own work and that I have acknowledged all materials usedfrom the published or unpublished works of other people. Al references have been duly cited.

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1MAIN BODY..................................................................................................................................11) Presentation of data in table format.........................................................................................12) Chart presentation....................................................................................................................13) Calculation of values...............................................................................................................34) Use linear forecasting model...................................................................................................4a) Steps for calculating value of m..............................................................................................5b) Steps for calculating value of c...............................................................................................5c) Forecasting m and c value for day 14 and 21..........................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7

INTRODUCTIONNumeracy and data analysis is used as an important tool for practically using mathematicalequations and calculating them to obtain solutions which can be further used for numericalanalysis and forecasting (Rousselet and Wilcox, 2019). This report will present a brief analysisof wind speed data for 10 days of Kuala Lumpur which is gathered through online source andanalysis will be presented in tubular form following line chart and pie chart for visualpresentation. Mathematical tools like mean, median, mode, range and standard deviation will bedevised to gain descriptive information for further forecasting and analysis. Followed by linearforecasting model which is Y=mX+c for calculation and further forecasting for day 14 and 21. MAIN BODY1) Presentation of data in table formatDayWind speed (in miles/hour)12 m/h27 m/h38 m/h47 m/h56 m/h67 m/h76 m/h85 m/h95 m/h106 m/h2) Chart presentation(a) Column and line chart 10DayWind speed (in miles/hour)

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