| Title |
The Analysis of Forecasting Demand Factors for Apartments on Chungnam Area |
| Authors |
Park. Keun-Joon ; Han. Yong-Dae |
| Keywords |
Correlationship ; Correlation Matrix ; Time Series Data |
| Abstract |
This study examines the correlationship of forecasting factors for apartments on Chungnam area. Five major subject areas in Chungnam have been investigated, namely: Cheonan; Seosan; Gongju; Nonsan; and Boryeong. The investigation was based on an analysis of the work of time series data. The tendency of demand for apartment and correlation factors have been analysed within each of five investigation areas. One of the work facing the estimating the demands for apartment is the need to determine the correlation factors that can be effectively used in the model of forecasting. Accordingly, this study produced correlation matrix to find the optimum correlation factors among the trend of population, local taxes for each person, the number of households and the number of manufacturers. |