Question
As it is not possible to always visually determine the best model, it is expected that you have tried all the possible models. Here is
As it is not possible to always visually determine the best model, it is expected that you have tried all the possible models. Here is a list of models I expect you to run:
0. AR(1) - Random Walk Test. If you have a random walk, then only analyze #1, #2, #3.
1. Naive (Seasonal/ Non-seasonal)
2. Moving Average
3. SImple Exponential
4. Holts Method (Double Exponential)
5. Holts- Winters (Additive and Multiplicative)
6. Linear Trend+ Seasonality
7. Exponential Trend+ Seasonality
8. Polynomial (order 2)Trend + Seasonality (Also called Quadratic model)
9. Polynomial (order 3)Trend + Seasonality (if you want to run)
10. Logistic Regression (only if you are forecasting events)
11. Artificial Neural Network (if you have observations more than 1000)
Please compare their MAPE to find the best model. You cannot calculate MAPE for logistic regression. For that, please report the % error.
Month of Date Category Count of Category
Jan-03 ARSON 20
Feb-03 ARSON 17
Mar-03 ARSON 22
Apr-03 ARSON 15
May-03 ARSON 28
Jun-03 ARSON 32
Jul-03 ARSON 40
Aug-03 ARSON 17
Sep-03 ARSON 23
Oct-03 ARSON 28
Nov-03 ARSON 23
Dec-03 ARSON 21
Jan-04 ARSON 29
Feb-04 ARSON 19
Mar-04 ARSON 26
Apr-04 ARSON 20
May-04 ARSON 23
Jun-04 ARSON 23
Jul-04 ARSON 26
Aug-04 ARSON 26
Sep-04 ARSON 17
Oct-04 ARSON 27
Nov-04 ARSON 20
Dec-04 ARSON 18
Jan-05 ARSON 21
Feb-05 ARSON 17
Mar-05 ARSON 18
Apr-05 ARSON 24
May-05 ARSON 13
Jun-05 ARSON 23
Jul-05 ARSON 23
Aug-05 ARSON 20
Sep-05 ARSON 17
Oct-05 ARSON 18
Nov-05 ARSON 18
Dec-05 ARSON 17
Jan-06 ARSON 24
Feb-06 ARSON 13
Mar-06 ARSON 16
Apr-06 ARSON 19
May-06 ARSON 27
Jun-06 ARSON 14
Jul-06 ARSON 24
Aug-06 ARSON 24
Sep-06 ARSON 27
Oct-06 ARSON 27
Nov-06 ARSON 11
Dec-06 ARSON 14
Jan-07 ARSON 23
Feb-07 ARSON 12
Mar-07 ARSON 16
Apr-07 ARSON 19
May-07 ARSON 27
Jun-07 ARSON 20
Jul-07 ARSON 29
Aug-07 ARSON 16
Sep-07 ARSON 27
Oct-07 ARSON 18
Nov-07 ARSON 23
Dec-07 ARSON 11
Jan-08 ARSON 16
Feb-08 ARSON 12
Mar-08 ARSON 34
Apr-08 ARSON 20
May-08 ARSON 17
Jun-08 ARSON 20
Jul-08 ARSON 21
Aug-08 ARSON 24
Sep-08 ARSON 27
Oct-08 ARSON 18
Nov-08 ARSON 19
Dec-08 ARSON 17
Jan-09 ARSON 20
Feb-09 ARSON 17
Mar-09 ARSON 16
Apr-09 ARSON 18
May-09 ARSON 17
Jun-09 ARSON 15
Jul-09 ARSON 30
Aug-09 ARSON 18
Sep-09 ARSON 18
Oct-09 ARSON 14
Nov-09 ARSON 25
Dec-09 ARSON 13
Jan-10 ARSON 19
Feb-10 ARSON 9
Mar-10 ARSON 18
Apr-10 ARSON 15
May-10 ARSON 20
Jun-10 ARSON 22
Jul-10 ARSON 18
Aug-10 ARSON 21
Sep-10 ARSON 19
Oct-10 ARSON 20
Nov-10 ARSON 17
Dec-10 ARSON 6
Jan-11 ARSON 24
Feb-11 ARSON 16
Mar-11 ARSON 11
Apr-11 ARSON 21
May-11 ARSON 11
Jun-11 ARSON 13
Jul-11 ARSON 20
Aug-11 ARSON 17
Sep-11 ARSON 17
Oct-11 ARSON 14
Nov-11 ARSON 17
Dec-11 ARSON 12
Jan-12 ARSON 28
Feb-12 ARSON 16
Mar-12 ARSON 11
Apr-12 ARSON 17
May-12 ARSON 17
Jun-12 ARSON 21
Jul-12 ARSON 25
Aug-12 ARSON 17
Sep-12 ARSON 25
Oct-12 ARSON 18
Nov-12 ARSON 17
Dec-12 ARSON 19
Jan-13 ARSON 37
Feb-13 ARSON 23
Mar-13 ARSON 22
Apr-13 ARSON 10
May-13 ARSON 18
Jun-13 ARSON 19
Jul-13 ARSON 25
Aug-13 ARSON 17
Sep-13 ARSON 19
Oct-13 ARSON 21
Nov-13 ARSON 24
Dec-13 ARSON 10
Jan-14 ARSON 32
Feb-14 ARSON 21
Mar-14 ARSON 13
Apr-14 ARSON 18
May-14 ARSON 15
Jun-14 ARSON 25
Jul-14 ARSON 20
Aug-14 ARSON 19
Sep-14 ARSON 14
Oct-14 ARSON 24
Nov-14 ARSON 28
Dec-14 ARSON 22
Jan-15 ARSON 41
Feb-15 ARSON 31
Mar-15 ARSON 21
Apr-15 ARSON 30
May-15 ARSON 29
Jun-15 ARSON 31
Jul-15 ARSON 22
Aug-15 ARSON 16
Sep-15 ARSON 16
Oct-15 ARSON 28
Nov-15 ARSON 25
Dec-15 ARSON 19
Jan-16 ARSON 25
Feb-16 ARSON 25
Mar-16 ARSON 27
Apr-16 ARSON 28
May-16 ARSON 22
Jun-16ARSON 21
Jul-16 ARSON 25
Aug-16 ARSON 22
Sep-16 ARSON 14
Oct-16 ARSON 20
Nov-16 ARSON 32
Dec-16 ARSON 21
Jan-17 ARSON 20
Feb-17 ARSON 21
Mar-17 ARSON 33
Apr-17 ARSON 28
May-17 ARSON 26
Jun-17 ARSON 27
Jul-17 ARSON 41
Aug-17 ARSON 21
Sep-17 ARSON 20
Oct-17 ARSON 32
Nov-17 ARSON 20
Dec-17 ARSON 38
Jan-18 ARSON 26
Feb-18 ARSON 19
Mar-18 ARSON 21
Apr-18 ARSON 26
May-18 ARSON 5
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