Forecasting analysis on perak state of consumer price index / Wan Nursyahada Nazurah Meor Muhammad Sulaiman and Faridah Zulkipli
Consumer Price Index (CPI) is important to predict the fluctuation of inflation on each country. The objectives of this study are to study the pattern of component exist in the time series, to determine the most suitable model best fits and to forecast on the step ahead forecast on the best model. I...
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Universiti Teknologi MARA, Perak,
2018-06.
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LEADER | 00000 am a22000003u 4500 | ||
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001 | repouitm_39940 | ||
042 | |a dc | ||
100 | 1 | 0 | |a Meor Muhammad Sulaiman, Wan Nursyahada Nazurah |e author |
700 | 1 | 0 | |a Zulkipli, Faridah |e author |
245 | 0 | 0 | |a Forecasting analysis on perak state of consumer price index / Wan Nursyahada Nazurah Meor Muhammad Sulaiman and Faridah Zulkipli |
260 | |b Universiti Teknologi MARA, Perak, |c 2018-06. | ||
500 | |a https://ir.uitm.edu.my/id/eprint/39940/1/39940.pdf | ||
520 | |a Consumer Price Index (CPI) is important to predict the fluctuation of inflation on each country. The objectives of this study are to study the pattern of component exist in the time series, to determine the most suitable model best fits and to forecast on the step ahead forecast on the best model. In this study, Perak's state data has been obtained from January 2013 until February 2018. All 62 data were analyzed by using Naïve with trend, Single Exponential Smoothing, Double Exponential Smoothing and Holt's Method as the error measure are Mean Square Error (MSE) and Mean Absolute Error Percentage (MAPE). As a result, Perak State CPI has a linear trend model and the best model for the time series is Single Exponential Smoothing method with α = 0.99. | ||
546 | |a en | ||
690 | |a Data processing | ||
690 | |a Time-series analysis | ||
655 | 7 | |a Article |2 local | |
655 | 7 | |a PeerReviewed |2 local | |
787 | 0 | |n https://ir.uitm.edu.my/id/eprint/39940/ | |
787 | 0 | |n https://mijournal.wixsite.com/ | |
856 | 4 | 1 | |u https://ir.uitm.edu.my/id/eprint/39940/ |z Link Metadata |