Autoregressive Integrated Moving Average Model to Predict Graduate Unemployment in Indonesia

2017 ◽  
Vol 12 (1) ◽  
pp. 43-50
Author(s):  
Umi Mahmudah
Keyword(s):  
Time Series Data ◽  
Moving Average ◽  
Arima Model ◽  
Series Data ◽  
Average Model ◽  
Autoregressive Integrated Moving Average ◽  
Moving Average Model ◽  
Forecasting Analysis ◽  
Graduate Unemployment ◽  
Point Forecast

AbstractNowadays it is getting harder for higher education graduates in finding a decent job. This study aims to predict the graduate unemployment in Indonesia by using autoregressive integrated moving average (ARIMA) model. A time series data of the graduate unemployment from 2005 to 2016 is analyzed. The results suggest that ARIMA (1,2,0) is the best model for forecasting analysis, where there is a tendency of increasing number for the next ten periods. Furthermore, the average of point forecast for the next 10 periods is about 1,266,179 while its minimum value is 1,012,861 the maximum values is 1,523,156. Overall, ARIMA (1,2,0) provides an adequate forecasting model so that there is no potential for improvement.

scholarly journals Analysis and Prediction of Hydraulic Support Load Based on Time Series Data Modeling

Geofluids ◽  
2020 ◽  
Vol 2020 ◽  
pp. 1-15
Author(s):  
Yi-Hui Pang ◽  
Hong-Bo Wang ◽  
Jian-Jian Zhao ◽  
De-Yong Shang
Keyword(s):  
Time Series ◽  
Time Series Data ◽  
Moving Average ◽  
Arima Model ◽  
Sliding Window ◽  
Series Data ◽  
Average Model ◽  
Hydraulic Support ◽  
Autoregressive Integrated Moving Average ◽  
Moving Average Model

Hydraulic support plays a key role in ground control of longwall mining. The smart prediction methods of support load are important for achieving intelligent mining. In this paper, the hydraulic support load data is decomposed into trend term, cycle term, and residual term, and it is found that the data has clear trend and period features, which can be called time series data. Based on the autoregression theory and weighted moving average method, the time series model is built to analyze the load data and predict its evolution trend, and the prediction accuracy of the sliding window model, ARIMA (Autoregressive Integrated Moving Average) model, and SARIMA (Seasonal Autoregressive Integrated Moving Average) model to the hydraulic support load under different parameters are evaluated, respectively. The results of single-point and multipoint prediction test with various sliding window values indicate that the sliding window method has no advantage in predicting the trend of the support load. The ARIMA model shows a better short-term trend prediction than the sliding window model. To some extent, increasing the length of the autoregressive term can improve the long-term prediction accuracy of the model, but it also increases the sensitivity of the model to support load fluctuation, and it is still difficult to predict the load trend in one support cycle. The SARIMA model has better prediction results than the sliding window model and the ARIMA model, which reveals the load evolution trend accurately during the whole support cycle. However, there are many external factors affecting the support load, such as overburden properties, hydraulic support moving speed, and worker’s operation. The smarter model of SARIMA considering these factors should be developed to be more suitable in predicting the hydraulic support load.

scholarly journals Forecasting Inflation: Autoregressive Integrated Moving Average Model

2016 ◽  
Vol 12 (1) ◽  
pp. 83 ◽  
Author(s):  
Muhammad Iqbal ◽  
Amjad Naveed
Keyword(s):  
Time Series Data ◽  
Moving Average ◽  
Series Data ◽  
Arima Models ◽  
Average Model ◽  
Autoregressive Integrated Moving Average ◽  
Quarterly Data ◽  
Forecasting Performance ◽  
Moving Average Model ◽  
Forecasting Inflation

This study compares the forecasting performance of various Autoregressive integrated moving average (ARIMA) models by using time series data. Primarily, The Box-Jenkins approach is considered here for forecasting. For empirical analysis, we used CPI as a proxy for inflation and employed quarterly data from 1970 to 2006 for Pakistan. The study classified two important models for forecasting out of many existing by taking into account various initial steps such as identification, the order of integration and test for comparison. However, later model 2 turn out to be a better model than model 1 after considering forecasted errors and the number of comparative statistics.

scholarly journals Studying monthly rainfall over Dibrugarh, Assam: Use of SARIMA approach

MAUSAM ◽  
2021 ◽  
Vol 68 (2) ◽  
pp. 349-356
Author(s):  
J. HAZARIKA ◽  
B. PATHAK ◽  
A. N. PATOWARY
Keyword(s):  
Time Series ◽  
Time Series Data ◽  
Moving Average ◽  
Demand Management ◽  
Arima Model ◽  
Monthly Rainfall ◽  
Series Data ◽  
Data Set ◽  
Modeling And Forecasting ◽  
Moving Average Model

Perceptive the rainfall pattern is tough for the solution of several regional environmental issues of water resources management, with implications for agriculture, climate change, and natural calamity such as floods and droughts. Statistical computing, modeling and forecasting data are key instruments for studying these patterns. The study of time series analysis and forecasting has become a major tool in different applications in hydrology and environmental fields. Among the most effective approaches for analyzing time series data is the ARIMA (Autoregressive Integrated Moving Average) model introduced by Box and Jenkins. In this study, an attempt has been made to use Box-Jenkins methodology to build ARIMA model for monthly rainfall data taken from Dibrugarh for the period of 1980- 2014 with a total of 420 points.  We investigated and found that ARIMA (0, 0, 0) (0, 1, 1)12 model is suitable for the given data set. As such this model can be used to forecast the pattern of monthly rainfall for the upcoming years, which can help the decision makers to establish priorities in terms of agricultural, flood, water demand management etc.  

scholarly journals PERAMALAN JUMLAH PENUMPANG PESAWAT TERBANG DI PINTU KEDATANGAN BANDAR UDARA INTERNASIONAL PATTIMURA AMBON DENGAN MENGGUNAKAN METODE ARIMA BOX-JENKINS

2019 ◽  
Vol 13 (3) ◽  
pp. 135-144
Author(s):  
Sasmita Hayoto ◽  
Yopi Andry Lesnussa ◽  
Henry W. M. Patty ◽  
Ronald John Djami
Keyword(s):  
Time Series ◽  
Model Selection ◽  
Time Series Data ◽  
Moving Average ◽  
Arima Model ◽  
Series Data ◽  
Autoregressive Integrated Moving Average ◽  
Significant Parameter ◽  
International Airport ◽  
Forecast Time

The Autoregressive Integrated Moving Average (ARIMA) model is often used to forecast time series data. In the era of globalization, rapidly progressing times, one of them in the field of transportation. The aircraft is one of the transportation that the residents can use to support their activities, both in business and tourism. The objective of the research is to know the forecasting of the number of passengers of airplanes at the arrival gate of Pattimura Ambon International Airport using ARIMA Box-Jenkins method. The best model selection is ARIMA (0, 1, 3) because it has significant parameter value and MSE value is smaller.

scholarly journals Examination of Temperature Variability over Lahore (Pakistan) and Dhaka (Bangladesh): A Comparative Study

2020 ◽  
Vol 10 (4) ◽  
pp. 46-50
Author(s):  
Khadija Shakrullah ◽  
Safdar Ali Shirazi ◽  
Sajjad Hussain Sajjad ◽  
Zartab Jahan
Keyword(s):  
Time Series ◽  
Time Series Data ◽  
Moving Average ◽  
Temperature Variability ◽  
Series Data ◽  
Maximum Temperature ◽  
Average Model ◽  
Temperature Variations ◽  
Moving Average Model ◽  
Mega Cities

Lahore and Dhaka are rapid expanding and over populated cities of South Asia located in Pakistan andBangladesh respectively. The present study focuses on the evaluation of temperature variability in comparison of bothcities. This study primarily aims at the assessment and examination of temperature variations in both mega cities ofSouth Asia which are seasonal as well as the annual. The time series data were analysed by using statistical techniquesAutoregressive Moving Average Model (ARMA) and Autoregressive Integrated Average Model (ARIMA). The resultsreveal that the minimum temperature is increasing much faster than that of the maximum temperature of both cities.However, the temperature rise(in maximum and minimum) has been observed highest during the spring seasons in bothcities.

scholarly journals Forecasting cotton lint exports in Nigeria using the autoregressive integrated moving average model

2021 ◽  
Vol 19 (1) ◽  
pp. 150-162
Author(s):  
A.S. Akenbor ◽  
P.I. Nwandu
Keyword(s):  
Time Series ◽  
Time Series Data ◽  
Moving Average ◽  
Series Data ◽  
Cotton Lint ◽  
Colonial Era ◽  
Autoregressive Integrated Moving Average ◽  
Post Colonial ◽  
Moving Average Model ◽  
Oil Sector

Nigeria was a major global exporter of cotton lint to international market during the colonial and post-colonial era till late 70s when the  country fully embraced oil exports to the detriment of the non-oil sector, cotton lint exports inclusive. However, Nigeria is gradually emphasizing agricultural exports again to earn huge foreign exchange, the oil sector having left the country in economic crises. This study utilized time series model particularly, Autoregressive Integrated Moving Average (ARIMA) to make forecasting of cotton lint exports in Nigeria by using 46 yearly observations (1970-2015). The model went through series of investigative and diagnostic tests in order to observe the usefulness of the model. The fitting of the selected ARIMA (2,1,2) model to the time series data, means fitting ARIMA (2,1,2) model of one first order difference. Smaller RMSE, MAE as well as Theil Inequality coefficient are actually preferred and justified that ARIMA (2,1,2) model was justified as adequate for the forecasting of cotton lint exports in Nigeria with AIC value of 20.96771, SIC value of 21.04881, MAPE value of 6751.231, RMSE of 93303.67 and R2 of 0.330951. A thirty-year period ahead of cotton lint exports is predicted. The observations signify a rising trend in exports hence; it will be available especially in the future for foreign trade in the next thirty years. The outcome from the study is valuable for trade organisations and investors in assessing the precariousness of the market structure.

scholarly journals Forecasting of Potato Prices in India: An Application of Arima Model

2020 ◽  
Vol 65 (4) ◽  
Author(s):  
Ravi Ranjan Kumar
Keyword(s):  
West Bengal ◽  
Time Series Data ◽  
Moving Average ◽  
Arima Model ◽  
Information Criteria ◽  
Madhya Pradesh ◽  
Series Data ◽  
Market Prices ◽  
Autoregressive Integrated Moving Average ◽  
Absolute Percent Error

In the present paper, Autoregressive Integrated Moving Average (ARIMA) models developed to forecast the prices of potato using time series data of eighteen years from 2002-2019. The best models selected by comparing Akaike Information Criteria (AIC), Bayesian Information Criteria (BIC), Mean Absolute Percent Error (MAPE), and Root Mean Square Error (RMSE). The study revealed that ARIMA (1,1,2), ARIMA (2,1,1)(0,0,2)[12], ARIMA (2,1,2), ARIMA (1,1,4)(0,0,1)[12], ARIMA (1,1,1)(0,1,2)[12], ARIMA (0,1,0)(0,1,1)[12], and ARIMA (3,1,3) were the best fitted models for forecasting of price of potato for the states of Utter Pradesh, West Bengal, Madhya Pradesh, Gujarat, Punjab, Tripura and India respectively. The prices of potato in Utter Pradesh, West Bengal and India will be increasing with the first-quarter providing the highest price. The prices of potato in Madhya Pradesh and Tripura will be highest in the fourth quarter. In Punjab, the prices of potato will be increasing with the third-quarter. The forecast shows that market prices of potato in Utter Pradesh, West Bengal, Madhya Pradesh, Gujarat, Punjab, Tripura, and overall India would be ruling in the highest value of .1208 `/qt, 1812 `/qt, 1345 `/qt, 1712 `/qt, 1354 `/qt, 2636 `/qt, and 1715 `/qt respectively for the year 2020.

Prediction of Gold and Silver Prices in an Emerging Economy: Comparative Analysis of Linear, Nonlinear, Hybrid, and Ensemble Models

2019 ◽  
Vol 12 (3) ◽  
pp. 63-78
Author(s):  
Saurabh Kumar
Keyword(s):  
Time Series Data ◽  
Moving Average ◽  
Arima Model ◽  
Emerging Economy ◽  
Series Data ◽  
Ensemble Model ◽  
Ann Model ◽  
Autoregressive Integrated Moving Average ◽  
Ensemble Models ◽  
Artificial Neural Network Ann

This study compares the accuracy of different forecasting techniques for gold and silver returns in a leading emerging economy. The study employs four forecasting models: autoregressive integrated moving average (ARIMA), artificial neural network (ANN), hybrid, and ensemble models. The study takes data of more than 7 years and forecasting is carried out for different forecast horizons varying from 1- to 20-steps ahead. The results reveal that ARIMA model is the best model to predict the gold returns, whereas, the ANN model along with the ensemble model are the best to predict the silver returns. The results also indicate that there exists nonlinear patterns in the time-series data of gold and silver returns. The study has significant implications for investors, academia, and policymakers.

scholarly journals Comparing of ARIMA and RBFNN for short-term forecasting

2015 ◽  
Vol 1 (1) ◽  
pp. 15 ◽  
Author(s):  
Haviluddin Haviluddin ◽  
Ahmad Jawahir
Keyword(s):  
Time Series ◽  
Time Series Data ◽  
Moving Average ◽  
Arima Model ◽  
Series Data ◽  
Autoregressive Integrated Moving Average ◽  
Proposed Model ◽  
Short Term Forecasting ◽  
Simulated Time ◽  
Modelling And Forecasting

Based on a combination of an autoregressive integrated moving average (ARIMA) and a radial basis function neural network (RBFNN), a time-series forecasting model is proposed. The proposed model has examined using simulated time series data of tourist arrival to Indonesia recently published by BPS Indonesia. The results demonstrate that the proposed RBFNN is more competent in modelling and forecasting time series than an ARIMA model which is indicated by mean square error (MSE) values. Based on the results obtained, RBFNN model is recommended as an alternative to existing method because it has a simple structure and can produce reasonable forecasts.

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