• DocumentCode
    1727227
  • Title

    Random simulation on error of grey forecasting model

  • Author

    Zhang Ke

  • Author_Institution
    Bus. Sch., HoHai Univ., Nanjing, China
  • fYear
    2011
  • Firstpage
    228
  • Lastpage
    232
  • Abstract
    A random simulation method is proposed to improve the grey forecasting model. This method is enlightened by Monte Carlo simulation method. It can compare the model error between different grey forecasting models, even between grey model and other forecasting methods. The experiments are used to demonstrate the proposed method, and the results show that this method is effective.
  • Keywords
    Monte Carlo methods; forecasting theory; grey systems; Monte Carlo simulation method; grey forecasting model; model error; random simulation method; Data models; Predictive models; Monte carlo; error; grey system; random simulation;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Grey Systems and Intelligent Services (GSIS), 2011 IEEE International Conference on
  • Conference_Location
    Nanjing
  • Print_ISBN
    978-1-61284-490-9
  • Type

    conf

  • DOI
    10.1109/GSIS.2011.6044088
  • Filename
    6044088