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In my previous article, we analyzed the COVID-19 data of Turkey and selected the cubic model for predicting the spread of disease. In this article, we will show in detail why we selected the cubic model for prediction and see whether our decision was right or not. When we analyze the regression trend models weContinue reading “Model Selection: Adjusted Coefficient of Determination-Variance Tradeoff”
In Turkey, some parts of society always compare Turkey to Germany and think that we are better than Germany for a lot of issues. The same applies to COVID-19 crisis management; is that reflects to true? We will use two variables for compared parameters; the number of daily new cases and daily new deaths.First, weContinue reading “Turkey vs. Germany: COVID-19”
In the previous article, we examined trends and seasonality in gasoline prices in Turkey. This time we will examine whether the gasoline prices are related to the variables that are thought to affect gasoline prices the most by the Turkish people. One of the variables is the Brent crude oil prices that are averaged monthlyContinue reading “Testing the Correlation between Time Series Variables”
Gasoline prices always is an issue in Turkey; because Turkish people love to drive where they would go but they complain about the prices anyway. I wanted to start digging for the last seven years’ prices and how they went. I have used unleaded gasoline 95 octane prices from Petrol Ofisi which is a fuelContinue reading “Trend Forecasting Models and Seasonality with Time Series”
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