<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Many economic variables are interdependent, restrictive, and influential. Finding the law of change between economic variables and influencing factors and expressing this law in mathematical expressions will bring great convenience to forecasting. A statistical analysis method that uses mathematical equations to determine the quantitative relationship between two or more variables. This is more commonly used when estimating and predicting the value of the dependent variable. The article analyzes the data on the National Bureau of Statistics website and uses the method of multiple linear regression to fit the graphs of economic indicators. Finally, the forecast data is analyzed in detail. We evaluated the modeling method of the prediction model and the credibility of the prediction data from a practical level.</p>
</abstract>

Many economic variables are interdependent, restrictive, and influential. Finding the law of change between economic variables and influencing factors and expressing this law in mathematical expressions will bring great convenience to forecasting. A statistical analysis method that uses mathematical equations to determine the quantitative relationship between two or more variables. This is more commonly used when estimating and predicting the value of the dependent variable. The article analyzes the data on the National Bureau of Statistics website and uses the method of multiple linear regression to fit the graphs of economic indicators. Finally, the forecast data is analyzed in detail. We evaluated the modeling method of the prediction model and the credibility of the prediction data from a practical level.

Mathematical Modeling and Forecasting of Economic Variables Based on Linear Regression Statistics

Kunming University of Science and Technology

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

Many economic variables are interdependent, restrictive, and influential. Finding the law of change between economic variables and influencing factors and...

Mathematical Modeling and Forecasting of Economic Variables Based on Linear Regression Statistics

Published Online: Jul 15, 2022

Page range: 409 - 416

Received: Jan 19, 2022

Accepted: Mar 14, 2022

DOI: https://doi.org/10.2478/amns.2022.2.00023

Keywords
Linear regression analysis, Economic variables, Gross regional product, Mathematical modeling

© 2023 Jiong Huang et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Figure 1

Mathematical Modeling and Forecasting of Economic Variables Based on Linear Regression Statistics

Published Online: Jul 15, 2022

Page range: 409 - 416

Received: Jan 19, 2022

Accepted: Mar 14, 2022

DOI: https://doi.org/10.2478/amns.2022.2.00023

KeywordsLinear regression analysis, Economic variables, Gross regional product, Mathematical modeling

© 2023 Jiong Huang et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Figure 1

Keywords
Linear regression analysis, Economic variables, Gross regional product, Mathematical modeling