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FORECASTING UNDER APPLYING MACHINE LEARNING AND STATISTICAL MODELS

ABSTRACT
In a different area of a field of the real life, problem of accurate forecasting has acquired great importance that present the interesting serve which led to the best ways to achieve a goal. So, in this paper, we aimed to compare the accuracy of some statistical models such as Time Series and Deep Learning models, to forecasting the fertility rate in the Kingdom of Saudi Arabia, the data source is the World Health Organization over the period of 1960 to 2019. The performances of models were evaluated by errors measures mean absolute percentage error.
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PAPER SUBMITTED: 2020-05-10
PAPER REVISED: 2020-06-01
PAPER ACCEPTED: 2020-06-10
PUBLISHED ONLINE: 2020-10-25
DOI REFERENCE: https://doi.org/10.2298/TSCI20S1131E
CITATION EXPORT: view in browser or download as text file
THERMAL SCIENCE YEAR 2020, VOLUME 24, ISSUE Supplement 1, PAGES [S131 - S137]
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© 2024 Society of Thermal Engineers of Serbia. Published by the Vinča Institute of Nuclear Sciences, National Institute of the Republic of Serbia, Belgrade, Serbia. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International licence