Using Graphs for Information Extraction Gasoline Consumption Example Jan 12, 2010STAT 1001
Jan 12, 2010STAT 1002 Gasoline Consumption Each Fill - record kms and litres of fuel used Smooth ---> Seasonal Pattern
Jan 12, 2010STAT 1003 Theory of Smoothing Smoothing amplifies signal but introduces bias by cutting off peaks and valleys
Jan 12, 2010STAT 1004 Illustration of Effect – Artificial Data
Jan 12, 2010STAT 1005 Intro to smoothing with context …
Jan 12, 2010STAT 1006 Suggests follow-up 1. How do you choose the amount of smoothing to produce useful information? 2. Why does a seasonal pattern occur? 1. How do you choose the amount of smoothing to produce useful information? 2. Why does a seasonal pattern occur?