Vol. 2009 No. 1 (2009)

View Issue TOC

Time-Series Forecasting Model for Risk Reduction in Ethiopian Water Treatment Facilities: A Methodological Evaluation

Mekdes Abebe, Ethiopian Public Health Institute (EPHI)
DOI: 10.5281/zenodo.18894193
Published: June 5, 2009

Abstract

Water treatment facilities in Ethiopia face challenges related to operational efficiency and risk management. A time-series analysis approach was employed, incorporating historical data from Ethiopian water treatment plants. The ARIMA (AutoRegressive Integrated Moving Average) model was utilised, alongside robust standard errors to quantify uncertainty in forecasts. The ARIMA model demonstrated a predictive accuracy of 85% for risk reduction metrics over the forecast horizon. The time-series forecasting model effectively reduced risks at water treatment facilities with significant precision and reliability. Implementing this model could lead to substantial improvements in operational efficiency, necessitating regular updates based on new data. ARIMA, Ethiopian water treatment, risk reduction, time-series forecasting The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.

Full Text:

Read the Full Article

The HTML galley is loaded below for inline reading and better discovery.

How to Cite

Mekdes Abebe (2009). Time-Series Forecasting Model for Risk Reduction in Ethiopian Water Treatment Facilities: A Methodological Evaluation. African Computational Statistics (Technology/Maths), Vol. 2009 No. 1 (2009). https://doi.org/10.5281/zenodo.18894193

Keywords

EthiopiaGeographic Information Systems (GIS)Time-series AnalysisForecasting ModelsRisk ManagementStochastic ProcessesOptimization Techniques

Research Snapshot

Desktop reading view
Language
EN
Formats
HTML + PDF
Publication Track
Vol. 2009 No. 1 (2009)
Current Journal
African Computational Statistics (Technology/Maths)

References