In this paper the properties of GM(1,1) model are studied. The fact that GM(1,1) model is a biased exponential model is shown, and the characteristics of the deviation of the model are analyzed. Therefore the essence of the error of GM(1,1) model is clarified.
Pei Rong JI
, Wei Song HUANG
, Xiang Yong HU. , {{custom_author.name_en}}.
A Study on the Properties of Grey Forecasting Model. Systems Engineering - Theory & Practice, 2001, 21(9): 105-108 https://doi.org/10.12011/1000-6788(2001)9-105