Box Jenkins Approach To Time Series Analysis Of Savings And Fixed Deposit Data A Case Study Of Union Bank Of Nigeria Plc, Aba Main Branch.
ABSTRACT
The primary aim of the study is to
construct a mathematical model. i.e Box-Jenkins model for the savings and fixed
deposit account of union bank of Nigeria plc, which could be used to predict
reliable and dependable future savings and fixed deposit values. The components
of time series, trend, and seasonal effect were estimated and isolated. The
study covered the period of 2002 — 2007. The data was collected from union bank
of Nigeria plc. The result of the analysis was showed among others that; (a)
The data was ..: from a normal population using chi square. (b) All the
components of time series were presented in the data using the ARIMA (1,1,0)
model. From the results it was suggested that bankers should give out huge
amounts of loans only during the period of May to September and less amount
during the period of October to April. It was concluded that within reduced
incidence of distress banks, if bankers and relevant government agencies can
adhere to the advice provided based on the forecast values of 2004, there will
be an increase in fixed deposit and savings.
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OPURUM, O (2021). Box Jenkins Approach To Time Series Analysis Of Savings And Fixed Deposit Data A Case Study Of Union Bank Of Nigeria Plc, Aba Main Branch. . Repository.mouau.edu.ng: Retrieved Nov 22, 2024, from https://repository.mouau.edu.ng/work/view/box-jenkins-approach-to-time-series-analysis-of-savings-and-fixed-deposit-data-a-case-study-of-union-bank-of-nigeria-plc-aba-main-branch-7-2
ONYEKA, OPURUM. "Box Jenkins Approach To Time Series Analysis Of Savings And Fixed Deposit Data A Case Study Of Union Bank Of Nigeria Plc, Aba Main Branch. " Repository.mouau.edu.ng. Repository.mouau.edu.ng, 05 Jul. 2021, https://repository.mouau.edu.ng/work/view/box-jenkins-approach-to-time-series-analysis-of-savings-and-fixed-deposit-data-a-case-study-of-union-bank-of-nigeria-plc-aba-main-branch-7-2. Accessed 22 Nov. 2024.
ONYEKA, OPURUM. "Box Jenkins Approach To Time Series Analysis Of Savings And Fixed Deposit Data A Case Study Of Union Bank Of Nigeria Plc, Aba Main Branch. ". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 05 Jul. 2021. Web. 22 Nov. 2024. < https://repository.mouau.edu.ng/work/view/box-jenkins-approach-to-time-series-analysis-of-savings-and-fixed-deposit-data-a-case-study-of-union-bank-of-nigeria-plc-aba-main-branch-7-2 >.
ONYEKA, OPURUM. "Box Jenkins Approach To Time Series Analysis Of Savings And Fixed Deposit Data A Case Study Of Union Bank Of Nigeria Plc, Aba Main Branch. " Repository.mouau.edu.ng (2021). Accessed 22 Nov. 2024. https://repository.mouau.edu.ng/work/view/box-jenkins-approach-to-time-series-analysis-of-savings-and-fixed-deposit-data-a-case-study-of-union-bank-of-nigeria-plc-aba-main-branch-7-2