The descriptions:
According to the case study, formulate a forecasting model.
Explain and Justify your modeling procedures step by step
General statement of the problem
What is your definition of best allocation?
Collection of data relevant to the model
What is the dependent variable in your model ?
What are the independent variables ?
Do you include other sources of open data? And why?
Selection of the model
Formulate your forecasting model, be it linear regression model or other non-linear forms.
Statistical evaluation of the model
Propose the diagnostics used in your forecasting model.
Further instructions : HW1
Data : analysis.txt version2 analysis.txt
Reference case study
Team : hw1_group_sheet
Reference: Explaination_of_hw1
Due date: 04/13/2015 22:00