Time Series Analysis Of The Revenue Allocation On The Basis Of Population (2005-2009)
ABSTRACT
The sole aim of this project work
is to obtain a time series model that can predict a reliable estimate of future
revenue allocation on basis of population. Box Jenkins iterative procedure was
employed in modeling the series. The time plot, ACF and PACF of the original
data showed evidence of trend pattern. The ACF and PACF of the Non-seasonal
differencing showed that the data was not stationary. Also I fitted three
models ARIMA (2,2,1), (2,1,0) and (1,1,0) and were subjected to various
confirmatory procedures such as normal probability plots of the residual, in
which I observed that ARIMA (0,1,1) proved adequate. Conclusion was drawn based
on the fitted model and recommendation stated.
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MADUEKWE, B (2021). Time Series Analysis Of The Revenue Allocation On The Basis Of Population (2005-2009). Mouau.afribary.org: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/time-series-analysis-of-the-revenue-allocation-on-the-basis-of-population-2005-2009-7-2
BLESSING, MADUEKWE. "Time Series Analysis Of The Revenue Allocation On The Basis Of Population (2005-2009)" Mouau.afribary.org. Mouau.afribary.org, 22 Nov. 2021, https://repository.mouau.edu.ng/work/view/time-series-analysis-of-the-revenue-allocation-on-the-basis-of-population-2005-2009-7-2. Accessed 23 Dec. 2024.
BLESSING, MADUEKWE. "Time Series Analysis Of The Revenue Allocation On The Basis Of Population (2005-2009)". Mouau.afribary.org, Mouau.afribary.org, 22 Nov. 2021. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/time-series-analysis-of-the-revenue-allocation-on-the-basis-of-population-2005-2009-7-2 >.
BLESSING, MADUEKWE. "Time Series Analysis Of The Revenue Allocation On The Basis Of Population (2005-2009)" Mouau.afribary.org (2021). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/time-series-analysis-of-the-revenue-allocation-on-the-basis-of-population-2005-2009-7-2