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UPER1401 Operations management I Forecasting Research Assignment Name: IR2D For this assignment you are to perform some research. Find time series data on something
UPER1401 Operations management I Forecasting Research Assignment Name: IR2D For this assignment you are to perform some research. Find time series data on something you want to forecast using either a Trend or Linear Regression model. The data you include in your forecasting model must be sourced. You are to include 5 or 6 data sets in your model. All model calculations are to be completed. Use your model to develop two forecasts using what ever independent variable (x value) you choose. If you use a trend model then your x values must represent future periods. Description of the forecasting model, data set used, its source and what you will be forecasting... Forecasting Model independent variable NOTE: Enter the requested data in ALL shaded areas. dependant variable x = x^2 (X) (Y) y= x2= |xy= n = (slope) b = (y intercept) a = X value Forecast First Forecast Analysis: what does your forecasting model predict? XY X value Forecast Second Forecast
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