DocumentCode
1717556
Title
Optimized GM(1,1) model and its application of gdp prediction in Guangdong province
Author
Li Kai ; Lu Zhong-hua ; Hezier, QiaHan
Author_Institution
Coll. of Comput. & Inf. Eng., Xinjiang Agric. Univ., Urumqi, China
fYear
2013
Firstpage
4104
Lastpage
4107
Abstract
In this paper, we propose a new GM(1,1) model base on optimizing the original value and the background value. We use forecasting of the annual GDP in Guangdong province as our case study to test the efficiency and accuracy of the proposed model. According to the experimental results, the optimized new model has a much more higher simulation and prediction accuracy.
Keywords
economic indicators; queueing theory; GDP prediction; Guangdong province; optimized GM(1,1) model; Accuracy; Computational modeling; Economic indicators; Educational institutions; Electronic mail; Forecasting; Predictive models; Forecasting; GM(1,1) model; Optimized GM(1,1) model;
fLanguage
English
Publisher
ieee
Conference_Titel
Control Conference (CCC), 2013 32nd Chinese
Conference_Location
Xi´an
Type
conf
Filename
6640139
Link To Document