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@article{ART001228472},
author={Lee Choong-Ki and Song, Hak Jun},
title={Selecting Most Appropriate Time Series Forecasting Model},
journal={Journal of Tourism Sciences},
issn={1226-0533},
year={2007},
volume={31},
number={6},
pages={289-311}

TY - JOUR
AU - Lee Choong-Ki
AU - Song, Hak Jun
TI - Selecting Most Appropriate Time Series Forecasting Model
JO - Journal of Tourism Sciences
PY - 2007
VL - 31
IS - 6
PB - The Tourism Sciences Society Of Korea
SP - 289
EP - 311
SN - 1226-0533
AB - This study aims to develop four time-series models in order to select the best model among the time-series models based on MAPE(mean absolute percentage error). The time-series models include various ones including ARIMA model. The first three models have been most popularly used for forecasting tourism demand, whereas the last model of ARIMA Intervention is reported to be more logical and accurate than any other time-series models since special events such as terrorism and mega-events can be incorporated into the model. The results of model estimation indicate that all the four forecasting models were found most accurate in terms of MAPE(Lewis, 1982). Of them the ARIMA Intervention model(MAPE=4.48) appeared to perform best in terms of forecasting accuracy, followed by ARIMA(MAPE=4.96), Winters(5.67), and Stepwise Autoregressive(8.55).핵심용어(Key words):예측정확도(Forecasting accuracy), 윈터스지수평활모델(Winters Exponential Smoothing model), 단계적 자기회귀모델(Stepwise Autoregressive model), ARIMA모델(ARIMA model), ARIMA 개입모델(ARIMA Intervention model).
KW - Forecasting accuracy Winters Exponential Smoothing model Stepwise Autoregressive model ARIMA model ARIMA Intervention model
DO -
UR -
ER -

Lee Choong-Ki and Song, Hak Jun. (2007). Selecting Most Appropriate Time Series Forecasting Model. Journal of Tourism Sciences, 31(6), 289-311.

Lee Choong-Ki and Song, Hak Jun. 2007, "Selecting Most Appropriate Time Series Forecasting Model", Journal of Tourism Sciences, vol.31, no.6 pp.289-311.

Lee Choong-Ki, Song, Hak Jun "Selecting Most Appropriate Time Series Forecasting Model" Journal of Tourism Sciences 31.6 pp.289-311 (2007) : 289.

Lee Choong-Ki, Song, Hak Jun. Selecting Most Appropriate Time Series Forecasting Model. 2007; 31(6), 289-311.

Lee Choong-Ki and Song, Hak Jun. "Selecting Most Appropriate Time Series Forecasting Model" Journal of Tourism Sciences 31, no.6 (2007) : 289-311.

Lee Choong-Ki; Song, Hak Jun. Selecting Most Appropriate Time Series Forecasting Model. Journal of Tourism Sciences, 31(6), 289-311.

Lee Choong-Ki; Song, Hak Jun. Selecting Most Appropriate Time Series Forecasting Model. Journal of Tourism Sciences. 2007; 31(6) 289-311.

Lee Choong-Ki, Song, Hak Jun. Selecting Most Appropriate Time Series Forecasting Model. 2007; 31(6), 289-311.

Lee Choong-Ki and Song, Hak Jun. "Selecting Most Appropriate Time Series Forecasting Model" Journal of Tourism Sciences 31, no.6 (2007) : 289-311.