Madras Agricultural Journal
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Research Article | Open Access | Peer Review

FORECASTING IN AGRICULTURE AN APPROACH THROUGH INTERVAL ESTIMATION

Volume : 76
Issue: Apr-apr
Pages: 212 - 216
Published: September 22, 2023
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Abstract


In this paper two new methods are attempted for forecasting in agriculture through interval estimation. The first method relaxes the assomption of constant variance for residual errors, which is used in the usual least squares method in curve fitting. The second method involves fitting of three growth curves for normal. above normal and bolow normal values of the time series data. The above methods were illustrated along with the usual least-squares for the data of Production and Productivity of Paddy for Andhra region in Andhra Pradesh from 1961-62 to 1980-81. The first method gave lower and upper boundaries with minimum bias as compared to other two methods.

DOI
Pages
212 - 216
Creative Commons
Copyright
© The Author(s), 2025. Published by Madras Agricultural Students' Union in Madras Agricultural Journal (MAJ). This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited by the user.

Keywords


Least squares method Growth curves Interval estimation
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