Predictive Analytics Group1-1
Predictive Analytics Group1-1
• Forecasting
2
• Interpretation
3
• Cross Validation
4
Data Inspection
• Trend – Upward trend, general increase in yearly bicycle hires
• Seasonal component – Regular, cyclical pattern with yearly period
Forecasting
Interpretation
Keyword Analysis
Seasonal Patterns
• Yearly – Peak during seasonal holidays
• Weekly – Peak during weak days
Effect of bank holidays/tube strikes on bike rentals
• Peaks/Bottoms
• Trend
Cross Validation
Keyword Analysis
• Accuracy scores of the cross-validation
• Why MAPE ?