Residual Modification of Forecasting with Fourier Series
Abstract
The objective of this research was to study the residual modification by Fourier series. The data used in this study are the number of arrival and departure passengers at the Ubon Ratchathani international airport. Two models namely Grey model GM(1,1) and SARIMA by Box-Jenkins method were generated to investigate. Then the residuals of prediction were modified by Fourier series. From the result, it were concluded that the models improved by Fourier series are much more precision.
Keywords : Grey model, Box-Jengins, Fourier Residual Modification
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