BIOINFOLET - A Quarterly Journal of Life Sciences
Web of Science
  • Year: 2013
  • Volume: 10
  • Issue: 1b

Forecasting monthly prices of tomato in madanapalli market of Chittoor district

  • Author:
  • P. Kumuda Keerthi, G. Mohan Naidu
  • Total Page Count: 3
  • Page Number: 201 to 203

Department of Statistics & Mathematics, S.V. Agricultural College, Tirupati

Online published on 28 February, 2013.

Abstract

This paper attempts forecasting the monthly prices of tomato in Madanapalli market of Chittoor district through fitting of univariate Auto Regressive Integrated Moving Averages (ARIMA) models. The secondary data pertaining to monthly prices (Rs Qtls −1) of tomato collected from 2002 to 2010 has been used for the study. The seasonal ARIMA (2,0,2) (1,0,1) 12 model was found suitable to produce price forecasts for tomato commodity for subsequent years.

Keywords

ACF, PACF, AIC, ARIMAmodel