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University of Bridgeport Textbooks > On Mathematical and Statistical Forecasting Models

On Mathematical and Statistical Forecasting Models

ISBN:3659389749

ISBN13:9783659389740

Publisher:Lap Lambert Academic Publishing GmbH & Company KG

Authors:Bhaskar Reddy M Vijaya, Bhaskar Reddy M.Vijaya, Umashankar C, Umashankar C., Pagadala Balasiddamuni

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On Mathematical and Statistical Forecasting Models Description

In this book some mathematical and statistical models have been specified for forecasting and proposed certain criteria for choosing an appropriate forecasting model.the general method of forecasting by using regression model with the estimates of the parameters of the general linear statistical model has been described along with the estimates of the parameters of the general linear statistical model has been described along with the properties of the forecasts.Different stationary and non stationary autoregressive and moving averege processes such as AR(1),AR(2),ARMA(p,q) and ARMA(p,d,q) models have been proposed forecasting in this book.A new statistical forecasting errors to obtain good forecasts.A goodness of fit criterion for ARMA model has been suggested by using the variance ratio test statistics.Further a Modified selection criterion for selecting a forecasting model has been proposed in the book,Here,two modified criteria namely Akaike Information criterion and Schwartz Bayesian Criterion have been considered for selecting the best forecasting models.

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