e sure you have renamed both assignment files as Week_4_Lab_StudentName.docx; and

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BIAM 570 Week 4 Lab Application of Time Series Forecasting DeVry

Scenario/Summary

In the realm of business, organizations are looking to make money and are also looking for ways to be the most efficient reducing cost so that profit margins continue to get better over time. Awareness of this is something we have all probably heard where time is money. So we have the need for time series forecasting and analysis, which are various forms of models that can help managers and leaders of organizations make a wide range of energetic managerial decisions successfully, where time and money are directly related leading to anticipated predictions. In an uncertain world, we will make decisions knowing there are uncertainties but knowing we have a history of data to work from, we can make good decisions with good anticipations.

After you are done, you will submit your completed Lab.

Deliverables

After completing the steps from the lab instructions, turn in one Microsoft Word and one Microsoft Excel file.

Rename both assignment files as Week_4_Lab_StudentName.docx and Week_4_Lab_StudentName.xlsx.

Lab Resources

This Lab will use the following Lab Resources:

• Microsoft Office Word and Excel 2016

Go to Course Resources, Lab Resources, and click the Virtual Lab Citrix button.

Options for accessing Microsoft Word and Excel 2016

1. Use a personal copy on your PC available via the Software Store on the Course Resources page.
2. You can use the Citrix environment to run both the Word and Excel 2016 application program

Lab Steps

Step 1: Forecasting

Download Lab Instructions and Start the Lab

Download the Week 4 Lab Instructions and Grading Rubric document (Links to an external site.)Links to an external site..

Download the FamilyHomePrices.xlsx (Links to an external site.)Links to an external site. file.

Step 2: Complete and Submit File

After completing the steps from the lab instructions, turn in one Microsoft Word and one Microsoft Excel file.

Be sure you have renamed both assignment files as

Week_4_Lab_StudentName.docx; and

Week_4_Lab_StudentName.xlsx.

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