FORECASTING IMPORT DATA USING NON-LINEAR MODEL.
Journal Title: International Journal of Advanced Research (IJAR) - Year 2018, Vol 6, Issue 6
Abstract
When Malaysia government implemented GST in 2015, it raised the import of Malaysia as GST minimized the production of local goods and drove up costs. But, too many imports in relation to exports can distort a nation?s balance of trade and devalue its currency. In order to lower the possibility of the increasing imports, it is important to determine the future import value in advance. If the future import is forecasted, then action can be taken to reduce the consequence effects of the high imports. In this study, we predict the future import value using five empirical models of least square method: Linear model, Logarithmic model, Power model, Exponential model and Polynomial model. The method has shown that Quadratic model is the best fitted model for Malaysia import data.
Authors and Affiliations
Rahela A. R, Yann T. S, Ching L. S
Keywords
Related Articles
- EP ID EP343973
- DOI 10.21474/IJAR01/7303
- Views 68
- Downloads 0
EVALUATION OF THE Q WAVE BY COMPARISON WITH THE RESULTS OF ECHOCARDIOGRAPHY AND CMR AND ANGIOGRAPHY.
Background:Q waves on the electrocardiogram are often considered to be reflective of irreversibly scarred Myocardium due to antecedent transmural myocardial infarction. However, there are some indications that residual v...
RECENT ADVANCEMENT TO IMPROVE BALANCE IN STROKE REHABILITATION.
After stroke, a main goal of rehabilitation is promote independent in activity of daily living. An important determinant of activities of daily living performance is standing and balance, which is a strong predictor of f...
I LOG IN, THEREFORE I AM AN INSIGHT ON THE CONTRIBUTION OF DATA TOWARDS IDENTITY CONSTRUCTION IN CYBERSPACE.
This paper is based on the assumption that a postmodern man without the Cartesian mind struggles to exist both in virtual and real world. Considering our dependency on ?data?, this paper will analyze how ?data? creates,...
OUR EXPERIENCE OF RHOMBOID EXCISION WITH LIMBERG FLAP RECONSTRUCTION IN PILONIDAL SINUS DISEASE.
Background: Pilonidal sinus is a hair containing sinus at the cleft of buttocks. The treatment should have rapid cure that allows patients to return quickly to their normal activities, with minimum morbidity. Limberg fla...
SELF EFFICACY AND ACADEMIC ACHIEVEMENT OF HIGH SHOOL STUDENTS FROM MARGINALISED SOCIETY.
Knowledge has been extolled as super god, as the supreme power. The study aims to find the relationship between self-efficacy and academic achievement of high school students from marginalised society. Survey method was...