You have been provided a dataset for the time period 1996-1998 of the subtle price adjustments of electricity in NSW over time. Electricity was transferred to and from Victoria based on NSW's supply and demand to alleviate fluctuations, and as such NSW prices can be affected by both states' supply and demand. Each row represents a period of 30 minutes where the price and demand in NSW and Victoria is shown. Your task is to predict whether the NSW price has increased or decreased based on supply and demand, which is denoted by the 'class' attribute.
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The data is as follows:
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Name | Description |
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nswprice | The price of electricity in NSW |
nswdemand | The demand of electricity in NSW |
vicprice | The price of electricity in VIC |
vicdemand | The demand of electricity in VIC |
transfer | The amount of electricity to be transferrerd between both states |
class | The classification (outcome) of the time period {1: Increase in Price, 0: Decrease in Price} |
Note: All values (except for class) have been normalised
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Your tasks are:
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