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
Link To Document