Statistical Imputation Methods in Forecasting Economic Processes

Authors

  • Simon Gelashvili Doctor of Economic Sciences, Professor, Head of the Department of Economic Statistics, Ivane Javakhishvili Tbilisi State University, Georgia

Keywords:

imputation, forecasting object, database, imputation method, forecasting

Abstract

The article discusses the essence of imputation and the conditions of its use in forecasting information, it is shown for forecasting the characteristic properties of necessary statistical data are given grouping of predictive objects (processes) of information provision by level.

The article presents imputation methods and their general characterization as well terms and conditions of use. Specific economic and other types insufficient completeness of quantitative information about changes in processes under the conditions, a partial (and sometimes complete) solution to this problem it provides scientifically based statistical imputation use. The practical use of any particular method of imputation it depends on many factors

Published

2022-10-22

How to Cite

Simon Gelashvili. (2022). Statistical Imputation Methods in Forecasting Economic Processes. Scientific Results, (1). Retrieved from https://ojs.publisher.agency/index.php/SR/article/view/110

Issue

Section

Economic Sciences