Siddhant- A Journal of Decision MakingYear : 2011, Volume : 11, Issue : 4
First page :
Last page :
ISSN : 2231-0649.
ISSN : 2231-0657.
A combinatorial group method of data handling approach to system theoretic identification, modelling and prediction of money market state variables of an Indian auto major
Chaudhuri Ranjan, Assistant Professor, Marketing
National Institute of Industrial Engineering (NITIE), Vihar Lake, PO NITIE, Mumbai-400087, India, firstname.lastname@example.org
Online published on 25 May, 2012.
The GMDH is a computer aided self organisation of spontaneous emergence of order of optimum complexity from the initial featureless states. One of the goals of the theory of cybernetics has been to capture major elements of a dynamical process under the umbrella of a formal mathematical synthesis. Analysis has been done to find relationship between different parameters of automobile sector of the economy. But the present investigation is indeed unique in its own nature. In cases of identification, prediction and filtering the process errors have been simulated on time series with autoregressive terms and the errors are found to be of constant variance and negligible in mean error summation. We have offered some speculations about the future of interdisciplinary payoffs involving system theorists and economists working together.
Combinatorial Group Method, Data Handling, Market State Variables, Prediction, System Theoretic.