The Statistical Modeling of the Trends Concerning the Romanian Population

Gabriela Opait ()
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Gabriela Opait: Faculty of Economics and Business Administration, Dunarea de Jos University of Galati, Romania

Economics and Applied Informatics, 2014, issue 2, 109-119

Abstract: This paper reflects the statistical modeling concerning the resident population in Romania, respectively the total of the romanian population, through by means of the „Least Squares Method”. Any country it develops by increasing of the population, respectively of the workforce, which is a factor of influence for the growth of the Gross Domestic Product (G.D.P.). The „Least Squares Method” represents a statistical technique for to determine the trend line of the best fit concerning a model.

Keywords: Trend; Forecasting method; Least Squares Method; Population (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2014:i:2:p:109-119

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