UDC 681.3
Authors
Garibyants G.S.
Abstract
The article discusses adaptive series models, in comparison, with systems of regression equations that can give more reliable results than regressions. So, with a significant restructuring of the economic structure, the regression model will extrapolate substantially outdated dependencies into the future, while the adaptive model will permanently adapt and take these changes into account. Adaptive models are able to reflect time-varying conditions, take into account the information value of various members of the time sequence and give fairly accurate estimates of future members of this series. Therefore, such models are intended primarily for short-term forecasting.
Keywords
adaptive series models, regression equations, information value, forecasts.
