GREY FORECAST MODEL GM (1, 1) AND CACULATING METHOD BASED ON MICROSOFT EXCEL SOFTWARE

  • Thành Phan
  • Ngoc Thuy Dung Tran
Keywords: GM (1, 1), scientific research, Grey forecasting model, Microsoft Excel

Abstract

The article focuses on a comprehensive content of Grey forecast model GM (1, 1) and the instructions on how to simulate this model based Microsoft Excel. To illustrate visually this calculation method, the paper uses the tourism revenue in Quang Binh province during period time 2011-2015 as an example.

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Published
2016-12-25