Report on Data Analysis Techniques for Gas Bill Prediction
VerifiedAdded on 2023/01/12
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Report
AI Summary
This report provides a detailed analysis of gas bill data using various data analysis techniques. The report begins with an introduction to data analysis and its importance in decision-making. It then presents the gas bill data in tabular and graphical formats, facilitating clear data representation. The main body of the report focuses on applying descriptive statistical measures, including mean, median, mode, range, and standard deviation, to analyze the dataset. Calculations for each measure are provided, offering a comprehensive understanding of the data's characteristics. Furthermore, the report utilizes a linear forecasting model to predict gas bill expenses for months 12 and 14, based on the historical data. The report concludes with a summary of the findings and a discussion of the techniques used, along with references to relevant sources.
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