A Time Series Analyses Of Internally Generated Revenue From Palm-Oil A Case Study Of Umuahia Zone In Abia State For The Period (2000-2005):- Ehilegbu, Chijioke S.

CHIJIOKE SIMON | 58 pages (8327 words) | Projects
Statistics | Co Authors: EH5LEGBU

ABSTRACT

 In this project work, the revenue data from palm oil in Umuahia zone (2000 - 2004) was analysed using the method of time series. Specifically, the method of simple descriptive time series analysis was employed while the multiplicative model (approach) of separating the component was adopted. The method and approach helped us to construct a mathematical model that could be used in predicting future revenue values with a minimum error. The results of all the test carried out in this work confirmed that the data are normally distributed, has constant variance and are not completely random. The time plot of the original data revealed that the revenue figure between January 2000 and March 2003 appeared to be decreasing, while between April 2003 and December 2004, the data maintained a stable trend. Subsequent estimation and isolation of time series components in the revenue data confirmed that the revenue figure between January 2000 and March 2003 decreases by about 0.0684 tens of thousands monthly, while between April 2003 and December 2004, it tends to be constant at about 6.994 tens of thousands. The month of May had the highest seasonal influence while December had the lowest. It was also estimated that the joint product of cyclical and irregular component on assumption tends to unity (C( l( = 1). Finally, the trend and seasonal components were used in predicting the 2005 revenue values. Conclusions were drawn based on the results of the study and recommendations were offered.

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APA

CHIJIOKE, S (2024). A Time Series Analyses Of Internally Generated Revenue From Palm-Oil A Case Study Of Umuahia Zone In Abia State For The Period (2000-2005):- Ehilegbu, Chijioke S.. Repository.mouau.edu.ng: Retrieved May 20, 2024, from https://repository.mouau.edu.ng/work/view/a-time-series-analyses-of-internally-generated-revenue-from-palm-oil-a-case-study-of-umuahia-zone-in-abia-state-for-the-period-2000-2005-ehilegbu-chijioke-s-7-2

MLA 8th

SIMON, CHIJIOKE. "A Time Series Analyses Of Internally Generated Revenue From Palm-Oil A Case Study Of Umuahia Zone In Abia State For The Period (2000-2005):- Ehilegbu, Chijioke S." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 25 Mar. 2024, https://repository.mouau.edu.ng/work/view/a-time-series-analyses-of-internally-generated-revenue-from-palm-oil-a-case-study-of-umuahia-zone-in-abia-state-for-the-period-2000-2005-ehilegbu-chijioke-s-7-2. Accessed 20 May. 2024.

MLA7

SIMON, CHIJIOKE. "A Time Series Analyses Of Internally Generated Revenue From Palm-Oil A Case Study Of Umuahia Zone In Abia State For The Period (2000-2005):- Ehilegbu, Chijioke S.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 25 Mar. 2024. Web. 20 May. 2024. < https://repository.mouau.edu.ng/work/view/a-time-series-analyses-of-internally-generated-revenue-from-palm-oil-a-case-study-of-umuahia-zone-in-abia-state-for-the-period-2000-2005-ehilegbu-chijioke-s-7-2 >.

Chicago

SIMON, CHIJIOKE. "A Time Series Analyses Of Internally Generated Revenue From Palm-Oil A Case Study Of Umuahia Zone In Abia State For The Period (2000-2005):- Ehilegbu, Chijioke S." Repository.mouau.edu.ng (2024). Accessed 20 May. 2024. https://repository.mouau.edu.ng/work/view/a-time-series-analyses-of-internally-generated-revenue-from-palm-oil-a-case-study-of-umuahia-zone-in-abia-state-for-the-period-2000-2005-ehilegbu-chijioke-s-7-2

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