International Journal of Engineering and Management Research (IJEMR)
  • Year: 2018
  • Volume: 8
  • Issue: 4

Importance of ARIMA model in prediction of jute production

  • Author:
  • Yamin Hassan1,, Shahidul Islam2, Naranarayan Buragohain3, Arup JD Sarma4
  • Total Page Count: 3
  • Page Number: 87 to 89

1Associate Professor of Chemistry, Faculty of Sciences, Assam Down Town University Panikhaiti, Guwahati, Assam, India

2Research Scholar, Department of Mathematics, Faculty of Sciences, Assam Down Town University Panikhaiti, Guwahati, Assam, India

3Research Scholar, Department of Physics, Faculty of Sciences, Assam Down Town University Panikhaiti, Guwahati, Assam, India

4Associate Professor of Physics, Faculty of Sciences, Assam Down Town University Panikhaiti, Guwahati, Assam, India

*Corresponding Author: yaminhassan81@rediffmail.com

Online published on 27 September, 2018.

Abstract

Jute palys an important role in the development of economy in Bangladesh and thus the forecasting of jute production by applying scientific process will definitely contribute to the upliftment of the socio economic condition of Bangladesh. The forecasting of jute production by using time series analysis and applying ARIMA model will help the concerned authority to adopt appropriate steps to produce the estimated jute production.

Keywords

Jute, Production, Forecasting, Scientific, ARIMA etc