Error estimation for substitution models
- Bangkok : Asian Institute of Technology, 1978
- 23 p.
- Special studies project report ; no. 124 .
- Asian Institute of Technology. Special studies project report ; no. 124 .
A special study submitted in partial fulfillment of the requirements. for the degree of Master of Engineering.
Special Studies Project Report (M. Eng.) - Asian Institute of Technology, 1978
This work deals with the error estimation for technol ogical substitution models. By the use of actual data, errors have been calculated for the Floyd, Fisher-Pry, Blackman and Generalized models. A relationship is found, as to the manner in which error varies due to changes in forecasting horizon. From the result, conclusions about relative efficiency of the four models are also presented.