The number of employed people and tourist arrival in Malaysia using ARIMA and Fuzzy Time Series model: pre, during and post COVID-19 / Siti Norashikin Roslan and Siti Fatimah Abd Rahman

Roslan, Siti Norashikin and Abd Rahman, Siti Fatimah (2023) The number of employed people and tourist arrival in Malaysia using ARIMA and Fuzzy Time Series model: pre, during and post COVID-19 / Siti Norashikin Roslan and Siti Fatimah Abd Rahman. In: Research Exhibition in Mathematics and Computer Sciences (REMACS 5.0). College of Computing, Informatics and Media, UiTM Perlis, pp. 173-174. ISBN 978-629-97934-0-3

Abstract

Covid-19 has cause enormous challenge to Malaysia when this pandemic has lowered the tourism demand and cause the number of tourist arrival in Malaysia to decrease from 26.1 million in 2019 to 4.3 million in 2020. Many workers have also been laid off by their company due to the in capabilities of the business to generate revenues to pay their workers. Forecasting the number of tourist arrivals and the number of employed people is studied and correlation between the two figures are calculated in order to overcome the problems. The main objectives this paper aims to achieve are to find the relationship between the number of employed people and the number of tourist arrival in Malaysia and in finding the forecasted values for both data sets. The aim in finding the relationship between these data is to determine whether the number of tourist arrivals affects the number of employed people or otherwise. The data sets used were from the Tourism Malaysia website, CEIC data and Department of Statistics Malaysia (DOSM) dating from January 2018 until September 2022. ARIMA and Fuzzy Time Series methods are chosen to find the forecast value while the correlation regression is to assist in finding the correlation. MSE, RMSE and MAPE were also utilized to compare the error measures gathered between the two methods. The result shows that ARIMA (2,1,0) is the best method to forecast the number of employed people while Fuzzy Time Series is better for the number of tourist arrivals. However, the correlation values calculated suggested strong relationship only during the endemic phase.

Metadata

Item Type: Book Section
Creators:
Creators
Email / ID Num.
Roslan, Siti Norashikin
UNSPECIFIED
Abd Rahman, Siti Fatimah
UNSPECIFIED
Subjects: Q Science > QA Mathematics > Time-series analysis
Divisions: Universiti Teknologi MARA, Perlis > Arau Campus > Faculty of Computer and Mathematical Sciences
Page Range: pp. 173-174
Keywords: ARIMA, Fuzzy Time Series, employed people, tourist arrival, forecast, Covid-19
Date: 2023
URI: https://ir.uitm.edu.my/id/eprint/100338
Edit Item
Edit Item

Download

[thumbnail of 100338.pdf] Text
100338.pdf

Download (1MB)

ID Number

100338

Indexing

Statistic

Statistic details