BUSINESS ANALYTICS

ASSINGMENT-II

NEHA SINGH
PGDM Batch – 2019-21
Roll No. & Section: 10 ‘A’

1
1. The Excel file Energy Production provides data on production, imports, exports, and
consumption. Develop line charts for each variable and identify key characteristics of the
time series (e.g., trends or cycles). Are any of these time series stationary? In forecasting
the future, discuss whether all or only a portion of the data should be used. Discuss your
analysis on the data using visualization.

SOLUTION:
Below is the graphical representation of all the given data:

A. Fossil Fuels (Production)

Fossil Fuels
70
60
50
40
30
20
10
0
Year

1956

1970

1980

1994

2004
1950
1952
1954

1958
1960
1962
1964
1966
1968

1972
1974
1976
1978

1982
1984
1986
1988
1990
1992

1996
1998
2000
2002

2006
2008
2010
2012
Key Characteristic: The graph is showing a Cyclical Trend

B. Primary Energy (Production)

Primary Energy
90
80
70
60
50
40
30
20
10
0
Year
1950
1952
1954
1956
1958
1960
1962
1964
1966
1968
1970
1972
1974
1976
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012

Key Characteristic: The graph is showing a Cyclical Trend

2
 5
15
20
25
30
35
40

0
10

0
2
6
8
12

4
10
Year
Year 1950
1950 1952
1952 1954
1954 1956
1956 1958
1958 1960
1960 1962
1962
1964
1964

D. Primary Energy (Exports)

C. Primary Energy (Imports)

1966
1966
1968
1968
1970 1970
1972 1972
1974 1974
1976 1976
1978 1978

3
1980 1980
1982 1982
1984 1984
1986 1986

Key Characteristic: The graph is showing a Cyclical Trend

1988 Key Characteristic: The graph is showing a Cyclical Trend
1988
1990 1990

Primary Energy Exports

Primary Energy Imports

1992
1992
1994
1994
1996
1996
1998
2000 1998
2002 2000
2004 2002
2006 2004
2008 2006
2010 2008
2012 2010
2012
 0
20
60
80
100
120

40
0
10
20
30
40
50
60
70
80
90
Year Year 100
1950 1950
1952 1952
1954 1954
1956 1956
1958 1958
1960 1960
1962 1962
1964 1964
E. Fossil Fuels (Consumption)

1966 1966

F. Total Energy (Consumption)

1968 1968
1970 1970
1972 1972
1974 1974
1976 1976
1978 1978

4
1980 1980
1982 1982
1984 1984
Fossil Fuels

Total Energy
1986 1986

Key Characteristic: The graph is showing a Cyclical Trend

1988
Key Characteristic: The graph is showing a Cyclical Trend 1988
1990
1990
1992 1992
1994 1994
1996 1996
1998 1998
2000 2000
2002 2002
2004 2004
2006 2006
2008 2008
2010 2010
2012 2012
G. Nuclear Electric Power (Consumption)

Nuclear Electric
9
8
7
6
5
4
3
2
1
0
Year

2010
2012
1950
1952
1954
1956
1958
1960
1962
1964
1966
1968
1970
1972
1974
1976
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
Key Characteristic: The graph is showing a Cyclical Trend

In forecasting the future using all proportion of data because all variable are
equally important for furcating the future. If we exclude any variable so the
result or output will not be accurate. For effecting data forecasting all
variable should be taken.

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2. Using the data in the Excel file Weddings construct scatter charts to determine
whether any linear relationship appears to exist between (1) the wedding cost and
attendance, (2) the wedding cost and the value rating, and (3) the couple’s income and
wedding cost only for the weddings paid for by the bride and groom. Then find the
best- fitting linear regression lines using the Excel Trend line tool for each of these
charts.

SOLUTION

A. Wedding Cost and Attendance

Wedding Cost & Attendance

400
350
300
250
200
150
100
50
0
$0.00 $10,000.00 $20,000.00 $30,000.00 $40,000.00 $50,000.00 $60,000.00 $70,000.00

B. Wedding Cost and Value Rating

Wedding Cost & Value Rating

6
5
4
3
2
1
0
$0.00 $10,000.00 $20,000.00 $30,000.00 $40,000.00 $50,000.00 $60,000.00 $70,000.00

6
C. Wedding Cost and Couple’s Income

Wedding Cost & Couple's Income

$1,20,000

$1,00,000

$80,000

$60,000

$40,000

$20,000

$0
$0.00 $10,000.00 $20,000.00 $30,000.00 $40,000.00 $50,000.00

 The best fitting linear relationship is shown in the 2nd which is wedding
cost and value rating because maximum no. of variable touching the trend
line.
 In the 3rd (wedding cost and couple’s income) no variable touching the
trend line. So its shows there is no relation between those two variables.