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Data analysis Matrix

Data analysis Matrix

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Article
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This study uses historical data and modern statistical models to forecast future Gross Domestic Product (GDP) in Jordan. The Wavelet Transformation model (WT) and Autoregressive Integrated Moving Average (ARIMA) model were applied to the time series data and yielded a best-fitting result of (2,1,1) for estimating GDP between 2022-2031. The study co...

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Context 1
... data were examined using Matlab and Mini-tab statistical software, which is recommended as the best suitable software for using ARIMA, in order to estimate the future GDP. The research hypothesis, dependent and independent variables, as well as the anticipated statistical tests, are all shown in Table 1. ...

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