Research Article

An Improved Nonequidistant Grey Model Based on Simpson Formula and Its Application

Table 3

Simulative and predictive values by the competitive models in Case 1.

TimeDataGM (1, 1)NGM (1, 1, k)NEGM (1, 1, t2)INEGM (1, 1, t2)
ValueAPE (%)ValueAPE (%)ValueAPE (%)ValueAPE (%)

In-sample
178.6078.600.0078.600.0078.600.0078.600.00
378.4079.060.8478.670.3478.670.3578.520.16
580.3079.650.8179.830.5880.080.2780.190.14
880.7080.390.3880.770.0980.670.0480.670.03
1081.1081.150.0681.370.3381.660.0881.150.03
1281.5081.750.3181.670.2181.550.0681.520.03
1582.1082.030.0881.910.2382.030.0881.990.13

Out-of-sample
1782.6082.510.1082.070.6482.520.1082.470.16
1982.8083.290.5982.150.7982.900.1382.840.05
2283.7083.920.2628.211.7883.390.3783.310.46
2583.8084.701.0882.261.8483.970.2083.880.10
2984.0085.651.9782.282.0484.640.7784.540.64
3184.7086.782.4682.302.8485.220.6285.110.48