Estimation of the Student Employment in the Aviation Industry Based on Novel Fractional Error Accumulation Grey Model

To improve the employment forecasting accuracy of traditional grey models, the grey model with the fractional error accumulation is proposed. The estimation error is accumulated. The proposed model can make use of the initial value x1 and can give more attention to the error of new data. The monoton...

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Main Authors: Yali Zhang, Xiaojiang Yang, Wei Cui
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Journal of Mathematics
Online Access:http://dx.doi.org/10.1155/2022/7738447
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author Yali Zhang
Xiaojiang Yang
Wei Cui
author_facet Yali Zhang
Xiaojiang Yang
Wei Cui
author_sort Yali Zhang
collection DOAJ
description To improve the employment forecasting accuracy of traditional grey models, the grey model with the fractional error accumulation is proposed. The estimation error is accumulated. The proposed model can make use of the initial value x1 and can give more attention to the error of new data. The monotonicity of the simulative value by the proposed model is data-driven and uncertain. The comparison results show that the proposed model can enhance the forecasting accuracy of traditional grey model. It deserves to be applied to employment forecasting.
format Article
id doaj-art-81490d0061b043e691a0a01f304d6f54
institution Kabale University
issn 2314-4785
language English
publishDate 2022-01-01
publisher Wiley
record_format Article
series Journal of Mathematics
spelling doaj-art-81490d0061b043e691a0a01f304d6f542025-02-03T05:53:38ZengWileyJournal of Mathematics2314-47852022-01-01202210.1155/2022/7738447Estimation of the Student Employment in the Aviation Industry Based on Novel Fractional Error Accumulation Grey ModelYali Zhang0Xiaojiang Yang1Wei Cui2College of Economics and ManagementCollege of Economics and ManagementSchool of Economics and ManagementTo improve the employment forecasting accuracy of traditional grey models, the grey model with the fractional error accumulation is proposed. The estimation error is accumulated. The proposed model can make use of the initial value x1 and can give more attention to the error of new data. The monotonicity of the simulative value by the proposed model is data-driven and uncertain. The comparison results show that the proposed model can enhance the forecasting accuracy of traditional grey model. It deserves to be applied to employment forecasting.http://dx.doi.org/10.1155/2022/7738447
spellingShingle Yali Zhang
Xiaojiang Yang
Wei Cui
Estimation of the Student Employment in the Aviation Industry Based on Novel Fractional Error Accumulation Grey Model
Journal of Mathematics
title Estimation of the Student Employment in the Aviation Industry Based on Novel Fractional Error Accumulation Grey Model
title_full Estimation of the Student Employment in the Aviation Industry Based on Novel Fractional Error Accumulation Grey Model
title_fullStr Estimation of the Student Employment in the Aviation Industry Based on Novel Fractional Error Accumulation Grey Model
title_full_unstemmed Estimation of the Student Employment in the Aviation Industry Based on Novel Fractional Error Accumulation Grey Model
title_short Estimation of the Student Employment in the Aviation Industry Based on Novel Fractional Error Accumulation Grey Model
title_sort estimation of the student employment in the aviation industry based on novel fractional error accumulation grey model
url http://dx.doi.org/10.1155/2022/7738447
work_keys_str_mv AT yalizhang estimationofthestudentemploymentintheaviationindustrybasedonnovelfractionalerroraccumulationgreymodel
AT xiaojiangyang estimationofthestudentemploymentintheaviationindustrybasedonnovelfractionalerroraccumulationgreymodel
AT weicui estimationofthestudentemploymentintheaviationindustrybasedonnovelfractionalerroraccumulationgreymodel