The largest MAPE is found for Turkey while the smallest MAPE is obtained for Italy in all settings.
📌 3 Maddede Bu Makale
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Amaç & Hipotez:This study explores the modeling of the share of telecommunication revenues in gross domestic product from the year 2000 to 2018 for 5 countries including France, Germany, Italy, Turkey, the UK, and the OECD average.
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Temel Bulgular & Veri:The results show that employing Fractional Calculus yields better modeling performance when compared to the classical Polynomial Approach in terms of Mean Absolute Percentage Error (MAPE).
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Sonuç & Katkı:The largest MAPE is found for Turkey while the smallest MAPE is obtained for Italy in all settings.
🔬Tür:Modelleme & Sayısal Simülasyon
📍Kapsam:2000 Verileri
⚙️Değişkenler:Fractional Calculus · GDP · MAPE
Abstract
This study explores the modeling of the share of telecommunication revenues in gross domestic product from the year 2000 to 2018 for 5 countries including France, Germany, Italy, Turkey, the UK, and the OECD average. First, a new mathematical model based on Fractional Calculus and Least Square Method is proposed. Later, the telecommunication revenues in GDP dataset is modeled. Further, we compare the new Fractional approach to the classical Polynomial approach in three different settings. The results show that employing Fractional Calculus yields better modeling performance when compared to the classical Polynomial Approach in terms of Mean Absolute Percentage Error (MAPE). The Fractional approach outperforms the Polynomial approach by 0.1329 % MAPE on average. The largest MAPE is found for Turkey while the smallest MAPE is obtained for Italy in all settings.
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