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

<p>To better construct the economic management system, the author proposes a method based on nonlinear algebraic equations. Using BDS statistics as the test method of data model correctness, it is proved that BDS statistics can be used to test the correctness of a large class of data models. Based on the actual economic data, the validity of the BDS statistical test method and its theory is verified. The experimental results show that the BDS statistics obtained are 5.77 and 7.11. It can be seen that BDS statistics reject AR (2) model. This implies that some part of the sequence has a large variance, which is derived from a different system, and therefore leads to the rejection of the null hypothesis. It is proved that BDS statistics can be used to test the correctness of a large class of data models.</p>
</abstract>

To better construct the economic management system, the author proposes a method based on nonlinear algebraic equations. Using BDS statistics as the test method of data model correctness, it is proved that BDS statistics can be used to test the correctness of a large class of data models. Based on the actual economic data, the validity of the BDS statistical test method and its theory is verified. The experimental results show that the BDS statistics obtained are 5.77 and 7.11. It can be seen that BDS statistics reject AR (2) model. This implies that some part of the sequence has a large variance, which is derived from a different system, and therefore leads to the rejection of the null hypothesis. It is proved that BDS statistics can be used to test the correctness of a large class of data models.

Application of Economic Management System Based on Nonlinear Algebraic Equation

Applied Mathematics and Nonlinear Sciences

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

{"article-title":"Application of Economic Management System Based on Nonlinear Algebraic Equation"}

To better construct the economic management system, the author proposes a method based on nonlinear algebraic equations. Using BDS statistics as the test...

Application of Economic Management System Based on Nonlinear Algebraic Equation

Published Online: Jun 23, 2023

Page range: 2709 - 2718

Received: Sep 18, 2022

Accepted: Jan 02, 2023

DOI: https://doi.org/10.2478/amns.2023.1.00451

Keywords
Nonlinear algebraic equations, Economic management system, BDS statistics, data model

© 2023 Xinyao Lu et al., published by Sciendo

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

Application of Economic Management System Based on Nonlinear Algebraic Equation

Published Online: Jun 23, 2023

Page range: 2709 - 2718

Received: Sep 18, 2022

Accepted: Jan 02, 2023

DOI: https://doi.org/10.2478/amns.2023.1.00451

KeywordsNonlinear algebraic equations, Economic management system, BDS statistics, data model

© 2023 Xinyao Lu et al., published by Sciendo

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

Keywords
Nonlinear algebraic equations, Economic management system, BDS statistics, data model