European Journal of Statistics and Probability (EJSP)

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Comparison of Forecasting Methods for Frequency of Rainfall in Umuahia, Abia State, Nigeria

Abstract

In this paper – A Comparison of Forecasting Methods for Frequency of Rainfall in Umuahia, Abia State, Nigeria – statistical analysis of two different forecasting techniques, Box Jenkins SARIMA and Holt-Winters Exponential Smoothing, using the data collected from the National Root Crop Research Institute, Umudike (2007-2016) was carried out with a view to determining a better forecasting method. This was achieved using four forecast error statistics–ME, MASE, MAE and RSME.  Although SARIMA method has the minimum error values, a paired – sample t-test shows that there is no significant difference between the forecast values obtained from the two forecasting methods. This therefore presupposes that the Holt-Winters is equally a good forecasting method for the frequency of Rainfall in Nigeria.

Keywords: Box-Jenkins SARIMA, Forecast Error Statistics., Frequency of Rainfall, Holt-Winters Exponential Smoothing

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Email ID: submission@ea-journals.org
Impact Factor: 6.90
Print ISSN: 2055-0154
Online ISSN: 2055-0162
DOI: https://doi.org/10.37745/ejsp.2013

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