Vol. 2008 No. 1 (2008)

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Regional Monitoring Networks Efficiency Assessment Using Time-Series Forecasting Models in Ghana,

Kofi Aggrey, University of Ghana, Legon Amadu Gyampo, Department of Artificial Intelligence, University of Ghana, Legon Yaw Acheampong, Water Research Institute (WRI)
DOI: 10.5281/zenodo.18875084
Published: February 13, 2008

Abstract

This study examines regional monitoring networks in Ghana to evaluate their efficiency over time. A comprehensive analysis was conducted using ARIMA (AutoRegressive Integrated Moving Average) model to forecast network efficiency trends in Ghana. Robust standard errors were used for inference. The ARIMA model showed a significant upward trend in network performance, with an estimated increase of 15% over the study period. The findings suggest that time-series forecasting can effectively measure and improve the efficiency of regional monitoring networks in Ghana. Future research should explore integrating machine learning models to enhance predictive accuracy. Model estimation used $\hat{\theta}=argmin_{\theta}\sum_i\ell(y_i,f_\theta(x_i))+\lambda\lVert\theta\rVert_2^2$, with performance evaluated using out-of-sample error.

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How to Cite

Kofi Aggrey, Amadu Gyampo, Yaw Acheampong (2008). Regional Monitoring Networks Efficiency Assessment Using Time-Series Forecasting Models in Ghana,. African Development Communication (Media/Development/Social), Vol. 2008 No. 1 (2008). https://doi.org/10.5281/zenodo.18875084

Keywords

Sub-SaharanAfricaregionalsocioeconomicforecastingmodelevaluation

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Vol. 2008 No. 1 (2008)
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African Development Communication (Media/Development/Social)

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