Forecasting coconut production in the Philippines with ARIMA model
Ramon V. Del Rosario College of Business
Decision Sciences and Innovation Dept
2nd ISM International Statistical Conference 2014
The study aimed to depict the situation of the coconut industry in the Philippines for the future years applying Autoregressive Integrated Moving Average (ARIMA) method. Data on coconut production, one of the major industrial crops of the country, for the period of 1990 to 2012 were analyzed using time-series methods. Autocorrelation (ACF) and partial autocorrelation functions (PACF) were calculated for the data. Appropriate Box-Jenkins autoregressive moving average model was fitted. Validity of the model was tested using standard statistical techniques. The forecasting power of autoregressive moving average (ARMA) model was used to forecast coconut production for the eight leading years.
Lim, C. N. (2015). Forecasting coconut production in the Philippines with ARIMA model. 2nd ISM International Statistical Conference 2014 Retrieved from https://animorepository.dlsu.edu.ph/faculty_research/5957