The reestablishing research of background value in grey system forecasting model GM(1, 1)

MaRDI QIDQ2991307zbMATH OpenFDO

Authors Guanjun Tan, Jiayou Tan, Jia-yang Wang

Publication date 10 August 2016

zbMATH Keywords

grey systembackground valueforecasting modelreestablishment

Mathematics Subject Classification ID

Inference from stochastic processes and prediction (62M20)

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(4)

• A new calculating scheme for grey modelling
• Improved methods for parameter estimation of gray model GM(1,1) based on new background value optimization and model application
• A new method of background value-building and application in the \(GM(1,1)\) model based on the Gauss formula
• A modified grey model GM(1,1) based on reconstruction of background value

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