Problem Statement To determine and forecast job growth and workforce in various industries in the United Kingdom. This will help the United Kingdom Government and the Education industry in the following ways:
The ministry of Finance possesses a lot of data with respect to multiple financial indicators of all the states. A forecast of these indicators for the next 5 years, will guide the ministry in planning the fiscal budget for various states.
The dataset in usage has the data of all 28 states, however, we have chosen to construct forecasting models for the state of Andhra Pradesh. However, it should be noted that, due to the separation of Telangana from Andhra Pradesh in 2014, the forecasts will be an aggregation of both the states.
Prof. Galit Shmueli, Institute of Service Science, College of Technology Management, National Tsing Hua University, 101 Kuang Fu Road Sec. 2, Hsinchu 30013 Taiwan
