A time series analysis of the monthly retail price of Garri in Abia State from (2001- 2006):- Amajoh Sandra I
ABSTRACT
This work is a
lime series analysis of the relative prices or Garri in Abia Stale for six
years (200 I- 2006). The aims of applying time series are: the prices arc in
monthly interval and to verify the time series model which influences changes
in the relative prices, to verify if growth exist in trend and to forecast the
future prices of Garri. 'The data was subjected to time series analysis using
minitab software which revealed the prominence or long term trend, in
differencing, stationarity is realized an appropriate model ARIMA (2,1,0) was
lilied and a look at autocorrelation function of residual it indicates that the
data is random .Based on these results, some recommendations arc maul! as
follows: Government should subsidize inputs such as fertilizer etc further
mechanization should be applied with vigour. Government should not embark on
storage or the plant as its price is not affected by season.
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AMA.JOII, A (2024). A time series analysis of the monthly retail price of Garri in Abia State from (2001- 2006):- Amajoh Sandra I. Mouau.afribary.org: Retrieved Nov 17, 2024, from https://repository.mouau.edu.ng/work/view/a-time-series-analysis-of-the-monthly-retail-price-of-garri-in-abia-state-from-2001-2006-amajoh-sandra-i-7-2
AMA.JOII, AMA.JOII. "A time series analysis of the monthly retail price of Garri in Abia State from (2001- 2006):- Amajoh Sandra I" Mouau.afribary.org. Mouau.afribary.org, 17 May. 2024, https://repository.mouau.edu.ng/work/view/a-time-series-analysis-of-the-monthly-retail-price-of-garri-in-abia-state-from-2001-2006-amajoh-sandra-i-7-2. Accessed 17 Nov. 2024.
AMA.JOII, AMA.JOII. "A time series analysis of the monthly retail price of Garri in Abia State from (2001- 2006):- Amajoh Sandra I". Mouau.afribary.org, Mouau.afribary.org, 17 May. 2024. Web. 17 Nov. 2024. < https://repository.mouau.edu.ng/work/view/a-time-series-analysis-of-the-monthly-retail-price-of-garri-in-abia-state-from-2001-2006-amajoh-sandra-i-7-2 >.
AMA.JOII, AMA.JOII. "A time series analysis of the monthly retail price of Garri in Abia State from (2001- 2006):- Amajoh Sandra I" Mouau.afribary.org (2024). Accessed 17 Nov. 2024. https://repository.mouau.edu.ng/work/view/a-time-series-analysis-of-the-monthly-retail-price-of-garri-in-abia-state-from-2001-2006-amajoh-sandra-i-7-2