This report contains descriptive analytics and univariate time series forecasting of the Household Power Consumption Dataset. This dataset describes electricity consumption for a single household over four years, including energy measurements taken for every minute between 12-16-2006 and 12-11-2010.
The focus of this analysis will be on global_active_power: the total active power consumed by the household (kilowatts).
- Perform descriptive analytics on the global_active_power variable
- Plot time series of global_active_power over the entire four year timeframe
- Plot average monthly global active power
- Plot typical daily consumption by month
Apply and evaluate the following forecasting methods to the global_active_power time series:
- Linear Regression (perfomed only as an exercise - not applicable to this dataset)
- Seasonal AutoRegressive Integrated Moving Average (SARINA)
- Prophet Forecasting Procedure