Write your answers and copy/paste the time plots on a word document, and submit the file via the… 1 answer below »

Write your answers and copy/paste the time plots on a word document, and submit the file via the link below. Submit your excel file via the link provided below. (100 points)

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Part 1:

• Time Plot of the two time series selected by the team.
• Description of the data exploration (i.e. type of trend, seasonality)
• Discuss how you will partition the data.

Part 2:

• Find the best model for each of the two time series (among the model based and data driven forecasters) in terms of the lowest MAPE of the validation period. Report the MAPE of the models attempted. Make sure that you compare the MAPE with the MAPE of the benchmark model (Naive Model).

• Use the best model to forecast the sales of the next 8 weeks.

• Time Plot the two time series with the forecasted values.

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