The Application of a Grey Markov Model in Forecasting the Errors of EIA’s Projections in Gas Production and Energy Intensity
Grey system theory looks for realistic patterns based on modeling with a few available data. In this paper, a Grey-Markov prediction model which is the combination of the GM(1,1) and Markov model was studied; Moreover, its applications in energy system were presented. The average errors of Energy In...
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Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Faculty of Economic Sciences, Hyperion University, Bucharest
2013-09-01
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Series: | Hyperion Economic Journal |
Subjects: | |
Online Access: | http://www.hej.hyperion.ro/articles/3(1)_2013/HEJ%20nr3(1)_2013_A2Iranmanesh.pdf |
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