Virtual Position Forum
Please register to watch content in detail
Thanks
Admin virtual position


Join the forum, it's quick and easy

Virtual Position Forum
Please register to watch content in detail
Thanks
Admin virtual position
Virtual Position Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.

MTH302 GDB (Just Idea)

View previous topic View next topic Go down

GMT + 3 Hours MTH302 GDB (Just Idea)

Post by Rao Muhammad Aftab Fri Sep 02, 2011 10:12 am

Construct a real world business problem and then apply Time Series Forecast.



Solution;

I wish to forecast the sales of a somewhat seasonal product by month. Sales have been increasing lately. I need to know what they are likely to be over the next 6 months. Time series analysis gives me insight into what the trend and seasonality are.

And

You may make a monthly or weekly sale forecast.If you use weekly or monthly data, it is time series in nature. But if you collect sale volume at a point in time of all companies in the market,the data is crossectional.
Rao Muhammad Aftab
Rao Muhammad Aftab
Monstars
Monstars

Pisces Snake
Posts : 1091
Join date : 2011-02-11
Age : 35

Back to top Go down

GMT + 3 Hours Re: MTH302 GDB (Just Idea)

Post by plhr60 Wed Aug 22, 2012 10:14 am

good
plhr60
plhr60
Monstars
Monstars

Aquarius Horse
Posts : 536
Join date : 2011-10-20
Age : 34
Drunk

Character sheet
Experience:
MTH302 GDB (Just Idea) Left_bar_bleue33/500MTH302 GDB (Just Idea) Empty_bar_bleue  (33/500)

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum