Linear trend forecast and stability assessment regarding to some export bound food items
Upadhyay Janhvi N, Dr. Pradeep J Jha
It is well known that statistics and its mathematically derived and established methods are always reliable and applicable to explore past records in a way that many future decisions derived from, are very important for future planning for finance, marketing, and planning of production. In this paper the past export records of three successive years have been analyzed and studied to give better insight for decision making. The content has been divided in two parts. The first part in which linear regression techniques help us derive future trends and the second one in which the coefficient of variations is used to measure consistency in export units of foods from different ports accounted in the records, are both of ultimate importance in term of future projection.
Upadhyay Janhvi N, Dr. Pradeep J Jha. Linear trend forecast and stability assessment regarding to some export bound food items. International Journal of Academic Research and Development, Volume 2, Issue 3, 2017, Pages 153-157