STAT 271 Prince Sultan University Forecasting Time Series Data Project

Steps:1. Select recent case study with time series price data which includes oneitems to be analysed. You can use a data from your area of specialization (accounting) andexcel software.

2. Use sample size, which is not more than 15 and not less than 10 observations.

3. After reading section 16.1 from your both eBook and slides, identify thefollowing for your dataset:i. Time series component. You can draw line chart to support your answer.ii. Compute the simple Index number for your data (use period one (year,day,…etc.) as a base period).iii. Determine the actual percentage growth between the base period and thetenth period in your data.iv. Determine the actual percentage growth between period six and the tenthperiod in your data.

4. Discuss your results in each point as stated below.

Notes:

1. You will be required to write and submit a short paper (Max. 4 pages, typewrittenand have at least a 12-point font – Times New Roman) that describes your casestudy.

2. The paper should be presented as follows:• Introduction• Research methodology• Research findings and discussion (Step 3) • Appendix contains the data used in your research (if you include the datain the analysis part then you don’t need insert it in the appendix)• References in APA style .

3. To collect your data you can refer to PSU database or any other database.

4. Plagiarism will tracked andsimilarity should not exceeds 20%.