Title :
The Application of Multiple Regression Analysis Forecast in Economical Forecast: The Demand Forecast of Our Country Industry Lavation Machinery in the Year of 2008 and 2009
Author :
Xia Bin ; Zhao Cang
Author_Institution :
Fac. of Bus. Adm., Xi´an Univ. of Technol., Xian
Abstract :
The regression analysis forecast is one quantitative analysis method in the commonly used economical forecast, it is in the observation and analysis of economy development history and in the present situation foundation, according to certain way to establish the mathematical model which reflected its relation, then will calculate and forecast the change of dependent variable according to the change of independent variable in the future, thus will carry on the forecast to the trend of future economy development. This article mainly elaborates the application of multivariate linear regression analysis in the forecast to the development trend of industry lavation machinery, has established the multivariate linear regression model of the forecast to industry lavation machinery development trend. In the discussion to the model, it uses the economic demand function and refines the explanatory variable. According to the massive investigation data, it has carried on the correlated analysis, the regression analysis and the statistical test using the SPSS statistics software. Finally, it utilizes the multivariate linear regression forecast model which is established in this article to carry on the demand forecast to our country industry lavation mechanical profession in the year of 2008 and 2009.
Keywords :
demand forecasting; economic forecasting; industrial economics; macroeconomics; regression analysis; statistical testing; SPSS statistics software; correlated analysis; demand forecast; economical forecast; economy development history; industry lavation machinery development trend; mathematical model; multivariate linear regression analysis; quantitative analysis method; statistical testing; Demand forecasting; Economic forecasting; History; Industrial economics; Linear regression; Machinery; Mathematical model; Predictive models; Refining; Regression analysis; Economical forecast; Multivariate linear regression; SPSS statistics software;
Conference_Titel :
Knowledge Discovery and Data Mining, 2009. WKDD 2009. Second International Workshop on
Conference_Location :
Moscow
Print_ISBN :
978-0-7695-3543-2
DOI :
10.1109/WKDD.2009.50