Data Analysis and Forecasting – Statistics Assignment Help

Assignment Task

Task 

Data Analysis and Forecasting

Learning outcomes assessed:    
• Identify and apply techniques for summarising and analysing data.
• Show reasonableness in the calculation of answers.
• Demonstrate and analyse techniques used for forecasting.

Task Description – Individual Assignment: Data Analysis Techniques

Assignment brief:
You are required to collect wind speed of any city for ten consecutive days. Once you have collected the data for ten days, you are required to prepare a report undertaking followings:

1. Arrange the data in a table format. 

2. Present the data using any two types of appropriate charts of your choice. Example: Column chart, scatter plot, line chart, pictograms, bar chart etc. 

3. Calculate and discuss the followings. Please provide the steps for the calculation and highlight the final value.
I.    Mean             
II.   Median        
III.  Mode            
IV.  Range            
V.   Standard Deviation    

4. For your data, use the linear forecasting model which is y = mx + c to calculate and discuss the followings:
I. Show the steps of calculation of m value and discuss the answer.     
II. Show the steps of calculation of c value and discuss the answer.    
III. Using the calculated ‘m’ and ‘c’ values, forecast wind speed on day 12 and day 14.  

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