Analyzing Long-Term Records of Global Average Sea Level Change Using ARIMA Model
Journal: Journal of Economics and Business (Vol.3, No. 2)Publication Date: 2020-06-30
Authors : Yeong Nain Chi;
Page : 672-681
Keywords : Sea Level Rise; Long–Term Records; Time Series Analysis; ARIMA;
Abstract
The purpose of this study was to demonstrate the role of time series model in predicting process and to pursue analysis of time series data using long-term records of global average sea level change from 1880 to 2013 extracted from the U.S. Environmental Protection Agency using data from Commonwealth Scientific and Industrial Research Organization, 2015. Following the Box–Jenkins method, ARIMA(0,1,1,) model was the best fitted model in prediction for the data, Global Average Absolute Sea Level Change, 1880-2013, in this study. Forecasting process with ARIMA(0,1,1) model for prediction indicated global average sea level change at a constant increasing rate in the short-term. Understanding past sea level is important for the analysis of current and future sea level changes. In order to sustain these observations, research programs utilizing the resulting data should be able to significantly improve our understanding and narrow projections of future sea level rise and variability.
Other Latest Articles
- Coronavirus (COVID-19): Effect and Survival Strategy for Businesses
- Factors Affecting Bad Debt in the Vietnam Commercial Banks
- Analysis of acoustic anisotropy parameters of pyroxene-magnetite rocks of the Pischanka structure
- Magnetic studies of natural and man-made processes of critical infrastructure objects at the area "Glinka"
- Lower permian carbonate deposits reservoir properties of western part of Hlynsko-Solohivska area of Dnieper-Donets Depression gas-oil-bearing district
Last modified: 2020-05-12 23:35:50