Data Analysis and Forecasting for Turkey's Population and Vehicles

Individual assessment
(Data Analysis and
Forecasting)

Contents
Abstract............................................................................................................................................3
MAIN BODY..................................................................................................................................4
A) Scatter graphs.........................................................................................................................4
B) Equation of the regression line...............................................................................................7
C) Scatter graphs..........................................................................................................................7
D) Equation of the regression line...............................................................................................9
E) Two regression equations.......................................................................................................9
F) Future values by using liner regression equations................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

Abstract
Useful data analysis and prediction principles are shown in this report that aid in
estimating the valuation of Turkey's overall population and vehicles used in urban areas. The
regression method principle is useful in identifying the actual association between factors which
facilitates successful decision taking.

INTRODUCTION
Data analysis is defined as the method of gathering useful information relevant to a
particular project or enabling within an entity and allowing accurate analysis to identify the
major problems or any other primary findings (Lahmiri, 2016). Data analysis can be useful in
many respects for businesses working with vast numbers as it gives a concise overview of the
real event of activity contributing to effective decision taking. It also helps in creating realistic
predictions of potential opportunities and market outcomes that can be achieved by careful
strategy implementation. Different graph and correlation line calculations are shown in this
report. Furthermore, the report also includes possible forecast with sufficient description for
turkey vehicles.
MAIN BODY
A) Scatter graphs
Scatter graphs are essentially a type of diagram or plot for use as a statistical Cartesian
that helps to display the value of two kinds of parameters as part of data set (Agafonov,
Yumaganov and Myasnikov, 2018). The direction of each mark on the horizontally and
vertically axis shows values for a data point.
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f(x) = 0.0489334761627906 x − 1.77956071659877
R² = 0.524276234325444
Per capita income