What is it about?
It's all about explaining the observable patterns in Nigeria money in circulation using the Box- Jenkins modelling approach.
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Why is it important?
Modelling and forecasting is very important in this present generation. The forecast helps us prepare for the future by looking at the past and present events through viewing the characteristics of a particular sector data series.
Perspectives
The publication adds to the knowledge of modelling and the use of SARIMA for time series modelling and forecasting. It will also guide the Nigeria government and the central bank of Nigeria in making far reach policies that will control excess money in circulation in other to prevent high inflation rates and high rise in prices of goods and services.
Obinna Adubisi
Federal University Wukari
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This page is a summary of: Application of SARIMA to Modelling and Forecasting Money Circulation in Nigeria, Asian Research Journal of Mathematics, January 2017, Sciencedomain International,
DOI: 10.9734/arjom/2017/35555.
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