Applications of Improved GM(1,1) Model for Real Estate Price in Guangzhou Forecasting
An improved grey GM(1,1) model which is based on curve-fitting will be compared with classic grey GM (1,1) model. We use Real Estate Price in Guangzhou from September 2010 to August 2011 as our case to test the availability of non-linear grey GM(1,1) model. The result show that the error of logarithmic grey GM(1, 1) model is less than other models, so it is more effective than classic grey GM(1,1) model to forecast Real Estate Price in Guangzhou.
classic grey GM(1,1) model curve-fitting logarithmic grey GM(1,1) model
Shaomei Fang Guanjia Huang Xianghong Hu Shuhua Wu Jian Xian
College of Science, South China Agriculture University, Guangzhou, Guangdong, China
国际会议
2011 International Conference on Economic and Information Management(2011年经济与信息管理国际会议 ICEIM 2011)
北京
英文
203-205
2011-09-03(万方平台首次上网日期,不代表论文的发表时间)