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The Comparison of the Performance of ARIMA and MA Model Selection on Road Accident Data in Nigeria

Balogun, Oluwafemi Samson and Oguntunde, P.E. and Akinrefon, Adesupo A. and Modibbo, Umar Mohammed (2015) The Comparison of the Performance of ARIMA and MA Model Selection on Road Accident Data in Nigeria. European Journal of Academic, 2 (3). pp. 13-31. ISSN (online): 2183-1904 ISSN (print): 2183-3818

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Abstract

In this research work, time series model selection was performed by given consideration for a number of models that most suitable for the incidence of accident cases in Nigeria. Among the candidate models considered are the Autoregressive Integrated Moving Average (ARIMA) and Moving Average (MA) models each at various parameters specifications. Results from this work showed that the best models that are suitable to describe the accident cases in Nigeria are the ARIMA(3,1,1) and MA(0,1,2) according to the Mean Square Error (MSE) and Akaike Information Criteria (AIC). National data set on cases of accident in Nigeria p

Item Type: Article
Uncontrolled Keywords: Autocorrelation, Autovariance, Box-Jenkins, ARIMA, MA and AIC.
Subjects: Q Science > QA Mathematics
Divisions: Faculty of Engineering, Science and Mathematics > School of Mathematics
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 22 Sep 2015 16:09
Last Modified: 22 Sep 2015 16:09
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/5469

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