London School of Commerce: Data Analysis and Forecasting Assignment
VerifiedAdded on 2022/12/13
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Homework Assignment
AI Summary
This assignment solution focuses on data analysis and forecasting techniques. It begins by representing a dataset of monthly spending in a table and visualizing it using column and line charts. The solution then calculates and interprets descriptive statistics, including mean, median, mode, range, and standard deviation. Finally, it employs a linear forecasting model to estimate spending for future months. The document includes detailed calculations, interpretations, and references to support the analysis. The assignment is designed to demonstrate an understanding of data representation, statistical analysis, and predictive modeling in a business context.
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