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1. Plot the time series (Sheet: Data) of your related region (Table 2). 2. Identify the adapted method for your region. 3. Make a forecasting

1. Plot the time series (Sheet: Data) of your related region (Table 2).
2. Identify the adapted method for your region.
3. Make a forecasting for the region based on the adapted model
4. What are the best parameters of your proposed model ?
5. What are the parameters for the worst model ?
6. What will be the forcasted value of january 2022 ?
7. Propose a method for taking into accound the random component.
8. Based on your new model, plot your forcasted time series
9. What will be the new forcasted value of january 2022 ?
10. Comment your results

Month Region 7
Jan-18 60000
Feb-18 77184
Mar-18 77885
Apr-18 86190
May-18 96117
Jun-18 97143
Jul-18 84757
Aug-18 79804
Sep-18 64800
Oct-18 59307
Nov-18 52157
Dec-18 45049
Jan-19 58627
Feb-19 76200
Mar-19 82871
Apr-19 84904
May-19 93100
Jun-19 93000
Jul-19 83048
Aug-19 74854
Sep-19 60769
Oct-19 55619
Nov-19 48155
Dec-19 42647
Jan-20 57885
Feb-20 77647
Mar-20 81845
Apr-20 86095
May-20 91776
Jun-20 100680
Jul-20 86190
Aug-20 71887
Sep-20 60000
Oct-20 55566
Nov-20 50857
Dec-20 42596
Jan-21 58095
Feb-21 75566
Mar-21 80286
Apr-21 85140
May-21 90093
Jun-21 95472
Jul-21 87308
Aug-21 74476
Sep-21 61698
Oct-21 57238
Nov-21 50673
Dec-21 51238
Jan-22 59712
Feb-22 77961
Mar-22 83725
Apr-22 90297
May-22 91143
Jun-22 99320
Jul-22 93922
Aug-22 73143
Sep-22 66699
Oct-22 56476
Nov-22 51068
Dec-22 46893

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