Time Series Analysis Of Insurance Data Using Box-Jenkins Method
ABSTRACT
In this
work the monthly values of the data on the number of vehicles insured in Abia
State for the period 1997- 2002 was analysed using the Box-Jenkins method. A
time series graph of the data was plotted and it was observed that there was no
trend. The estimated autocorrelation function and the estimated partial
autocorrelation function were compared with the theoretical autocorrelation
function and theoretical partial autocorrelation function. And it showed that
the data series followed a moving 7:,average of order one. The fitted- Box
Jgnkins model was used to make fore-casts and . . . in general, we observed
that the number of vehicles insured in one year does not differ significantly
from that of other years which conforms with the opinion that people in Abia
State have not realized fully the importanrtof insurance in modem times.
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-- (2023). Time Series Analysis Of Insurance Data Using Box-Jenkins Method. Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/time-series-analysis-of-insurance-data-using-box-jenkins-method-7-2
--. "Time Series Analysis Of Insurance Data Using Box-Jenkins Method" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 11 Jul. 2023, https://repository.mouau.edu.ng/work/view/time-series-analysis-of-insurance-data-using-box-jenkins-method-7-2. Accessed 23 Nov. 2024.
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--. "Time Series Analysis Of Insurance Data Using Box-Jenkins Method" Repository.mouau.edu.ng (2023). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/time-series-analysis-of-insurance-data-using-box-jenkins-method-7-2