Question
Some important information of the data is: Source: http://archive.ics.uci.edu/ml/datasets/Individual+household+electric+power+consumption Data Set Information: This archive contains 2075259 measurements gathered in a house located in Sceaux (7km
Some important information of the data is:
Source: http://archive.ics.uci.edu/ml/datasets/Individual+household+electric+power+consumption
Data Set Information:
This archive contains 2075259 measurements gathered in a house located in Sceaux (7km of Paris, France) between December 2006 and November 2010 (47 months).
A) What is the average value of daily data consumed in watt hours?
B) Using an alpha of 0.35 and h = 100, use the ses() function from the 'forecast' package to fit the data, and plot the model. What do you observe in the graph?
C) For three values of alpha value of (0.05, 0.35, 0.75) and h of 100, calculate and report the tracking signal. D)What does the tracking signal (sign and value) for each of the alpha values suggest about the models? Are any of the models not a good fit for the data?
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