Beta
317424

Predicting Model to the Wholesale & Retail Trade, Restaurants & hotels GDP IN KSA

Article

Last updated: 26 Dec 2024

Subjects

-

Tags

-

Abstract

In this research, use the time series models Gross domestic product (GDP) at current price in KSA Wholesale & Retail Trade, Restaurants & hotels. The results showed that the model is the appropriate model for the series of Arima is: ARIMA (2,1,0) According to the estimation results of this model, we observe the compatibility between observed and estimated values as these values are consistent with those in the original time series, indicating the strength of the model and predictability. We see the agreement between the real and estimated values in light of the model's estimation findings, which highlights its predictive strength. The model is regarded as the best among all the selected models since it outperformed all the requirements for time series, had a high level of predictive ability, and has predicted values that are comparable to and close to the original values. For the descriptive statistics of the model, R-squared represents the coefficient of good fit if the value is greater  = 0.82  more than 0.05 this mean the model represent data exactly (good model) . This table provides an estimate of the coefficients of the model, from the model we note that the level of significance Sig= 0.00. Less than 0.05, which indicates that the coefficients are statistically significant, also effective and predictable .

DOI

10.21608/kjao.2023.317424

Authors

First Name

Abuzar Yousef Ali

Last Name

Ahmed

MiddleName

-

Affiliation

Department of Mathematics Faculty of Science, KING SAUD University, Saudi Arabia

Email

-

City

-

Orcid

-

Volume

4

Article Issue

7

Related Issue

39736

Issue Date

2023-09-01

Receive Date

2023-09-15

Publish Date

2023-09-01

Page Start

63

Page End

116

Print ISSN

2735-3710

Online ISSN

2735-3729

Link

https://kjao.journals.ekb.eg/article_317424.html

Detail API

https://kjao.journals.ekb.eg/service?article_code=317424

Order

317,424

Type

المقالة الأصلية

Type Code

1,378

Publication Type

Journal

Publication Title

المجلة العربية لعلوم السياحة والضيافة والآثار

Publication Link

https://kjao.journals.ekb.eg/

MainTitle

Predicting Model to the Wholesale & Retail Trade, Restaurants & hotels GDP IN KSA

Details

Type

Article

Created At

26 Dec 2024