Time series analysis in R and simulation
Budget: €8 – €30 EUR
Task 1:
1. Apply time series analysis models to the time series data that I send
- Exponential smoothing
- VAR
- Random forest for time series
2. Ideally, compare the models in terms of their accuracy
3. Give forecast from each model until 2030
- I will need a number here to be able to say “The prediction for 2030 is X .............”
Task 2
Make a simulation of country shares dataset with more weight given to countries different than in original data (I will provide a dataset with country shares)
1. Apply time series analysis models to the time series data that I send
- Exponential smoothing
- VAR
- Random forest for time series
2. Ideally, compare the models in terms of their accuracy
3. Give forecast from each model until 2030
- I will need a number here to be able to say “The prediction for 2030 is X .............”
Task 2
Make a simulation of country shares dataset with more weight given to countries different than in original data (I will provide a dataset with country shares)