Naive vs. Sophisticated Methods of Forecasting Public Library Circulations.

Authors :: Brooks, Terrence A.
Source :: Library and Information Science Research, An International Journal. Apr-Jun 1984 6(2):205-214.
Publication Year :: 1984
Abstract: Two sophisticated--autoregressive integrated moving average (ARIMA), straight-line regression--and two naive--simple average, monthly average--forecasting techniques were used to forecast monthly circulation totals of 34 public libraries. Comparisons of forecasts and actual totals revealed that ARIMA and monthly average methods had smallest mean absolute percentage error. (20 references) (EJS)

Language :: English
Volume :: 6
Issue :: 2
Database :: ERIC
Journal :: Library and Information Science Research, An International Journal
Publication Type :: Report
Accession number :: EJ303182
Document Type :: Reports - Evaluative<br />Journal Articles