Prediction of Farmers’ Income in Hebei Province Based on the Fractional Grey Model (1,1)

Table 3

Prediction results of the GM (1,1) model and FGM (1,1) model for Handan data.

Year	PCDI	GM (1,1)	Growth rate	FGM (1,1)	Growth rate
2012	8447	8447		8447
2013	9307	9417	0.114	9307	0.102
2014	10343	10246	0.088	10250	0.101
2015	11247	11149	0.088	11203	0.093
2016	12153	12132	0.088	12197	0.089
2017	13151	13201	0.088	13249	0.086
2018	14307	14364	0.088	14370	0.085
2019	15695	15630	0.088	15570	0.083
MAPE (%)		0.62		0.52