Minimum daily temperatures over 10 years (1981-1990) in the city Melbourne, Australia.
We want to build a model able to predict the daily temperature in Melbourne over the next year.
Fit one or more models using the data strictly anterior to the evaluation years
t=1987, t=1988 and t=1989 in order to predict the daily temperature
during the year t=1987, t=1988 and t=1989 respectively.
Choose a suitable metric to evaluate the performance of your models. Report the metric in the following table.
For each evaluation year t, you must report the performance considering k=3, k=6 and k=12 months of data following t.
| Evaluation year | Next 3 months | Next 6 months | Next 12 months |
|---|---|---|---|
| 1987 | |||
| 1988 | |||
| 1989 |