{"id":33221,"date":"2024-09-23T10:23:47","date_gmt":"2024-09-23T10:23:47","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/unemployment-rate-forecasting-traditional-models-vs-machine-learning-techniques\/"},"modified":"2024-09-23T10:23:47","modified_gmt":"2024-09-23T10:23:47","slug":"unemployment-rate-forecasting-traditional-models-vs-machine-learning-techniques","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/unemployment-rate-forecasting-traditional-models-vs-machine-learning-techniques\/","title":{"rendered":"Unemployment rate forecasting: traditional models vs machine learning techniques"},"content":{"rendered":"<div><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">This work is related to the prediction of unemployment.<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">(unemployment rate forecasting: traditional models vs machine learning techniques).<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">Its main goal is to compare the results of the models through their application on real data (from https:#fred.stlouisfed.org\/).<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">This application must be done using RStudio and it is deemed necessary to create tables and diagrams for better visualization of the results.<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">In the `structure&#8217; file I list some of the proposed modules to be analyzed.<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">In red are those that I have already developed and do NOT need to be analyzed by you, while in black are the indicative modules that I would like to be analyzed.<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">The analysis can be done according to the proposed sections\/contents (see &#8220;structure&#8221; file) and with whatever else you consider necessary.<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">Also, along with the text, I would like to be given the corresponding RStudio code that was written, so that I can edit it myself or add various things.<br \/>\n<\/span><\/span><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">I am sending you the relevant draft file so you can see how I have started.<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">The `structure&#8217; file contains the initial indicative modules around which the theme will be developed.<br \/>\n<\/span><\/span><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">Some more clarifications:<br \/>\n<\/span><\/span><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><br \/><\/span><\/span><\/span><\/div>\n<div><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">1. Everything in red in the `structure` file is already deployed.<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">In black are what is still left.<br \/>\n<\/span><\/span><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><br \/><\/span><\/span><\/span><\/div>\n<div><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">2. I would like you to initially take care of the data and the application of the methods through the use of RStudio (i.e. the code) to create the comparison tables of the metrics (forecasting accuracy) and the plots with the predictions of the models<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">.<br \/>\n<\/span><\/span><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><br \/><\/span><\/span><\/span><\/div>\n<div><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">3. Of course I am welcome to discuss changes on the work plan.<br \/>\n<\/span><\/span><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><br \/><\/span><\/span><\/span><\/div>\n<div><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">4. Thesis size must be up to 15,000 words.<\/span><\/span> <span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">I have already written around 6,000 words.<\/span><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>This work is related to the prediction of unemployment. (unemployment rate forecasting: traditional models vs machine learning techniques). Its main goal is to compare the results of the models through their application on real data (from https:#fred.stlouisfed.org\/). This application must be done using RStudio and it is deemed necessary to create tables and diagrams for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[18],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/33221"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=33221"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/33221\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=33221"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=33221"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=33221"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=33221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}