Methods of Forecasting the Market Evolution Case Study on the Romanian Insurance Market

There are various methods of evaluating and forecasting the evolution of a market, each method having advantages and disadvantages. In this paper we shall present and exemplify on the case of the Romanian insurance market some statistical methods: average growth method, linear trend method and Markov chain.

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Year of publication:	2011
Authors:	Maria, Ioncica ; Eva-Cristina, Petrescu ; Marian, Petrescu
Published in:	Ovidius University Annals, Economic Sciences Series. - Facultatea de Ştiinţe Economice, ISSN 1582-9383. - Vol. XI.2011, 1, p. 987-992
Publisher:	Facultatea de Ştiinţe Economice
Subject:	average growth method \| linear trend method \| Markov chain \| insurance density \| insurance penetration

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Extent:	application/pdf
Type of publication:	Article
Classification:	M31 - Marketing ; G22 - Insurance; Insurance Companies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010632386