COMPUTER MODELING OF ECONOMIC FORECASTING

The article discusses the steps of creation of the regression model, which is a mathematical description of the relationship between the studied economic parameters. Construction of the model includes correlation analysis, allowing to estimate the relationship between the parameters, and regression analysis, which allows on the basis of statistical data to express the dependent variable y in the form of a mathematical function of the independent variables xi (i=1, 2, …, n). Using the resulting regression model we can perform the statistical forecasting in the economic systems.