ARIMA Prediction Model on Retail Sales of Consumer Goods in Sichuan

@inproceedings{Dongbing2012ARIMAPM,
  title={ARIMA Prediction Model on Retail Sales of Consumer Goods in Sichuan},
  author={Liu Dong-bing},
  year={2012}
}
Based on analyzing monthly total sales of consumer goods from 2008 to 2009 in Sichuan Province,China,the author tries to set up ARIMA model.The model's forecasting ability has been measured by MAPE(mean absolute percent error).Secondly,this paper forecasts monthly total sales of consumer goods of 2010 in Sichuan,and compares the predictive value and the actual value.The result indicates that the model provides an excellent forecasting,and the model is fit for forecasting the total sales of… CONTINUE READING