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Forecasting milk production in Pakistan

Author(s)
Farhan Ahmed Social Sciences Institute, National Agricultural Research Centre, Islamabad, Pakistan
Hassnain Shah Social Sciences Institute, National Agricultural Research Centre, Islamabad, Pakistan
Irum Raza Social Sciences Institute, National Agricultural Research Centre, Islamabad, Pakistan
Abdul-Saboor PMAS- Arid Agriculture University, Rawalpindi, Pakistan
Abstract
This paper forecasts milk production in Pakistan using time series data from 1990 to 2010. ARIMA (p, d, q) model is considered for estimation where ‘p’ is the order of the autoregressive process; ‘d’ is the order of the homegeneity and ‘q’ the order of the moving average process. Presence of trend in data was checked through time series plots and stationarity through auto correlation and partial auto correlation functions. Using the ARIMA (p, d, q) forecasts from 2010 up to 2015 were made and production of milk in 2015 was estimated at47492 t.
Publication Details
Page(s) 82-85
DOI DOI not available
Published Journal: Pakistan Journal of Agricultural Research, Volume: 24, Issue: 1--4, Year: 2011

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