BAREKENG: Jurnal Ilmu Matematika dan Terapan
Vol 18 No 1 (2024): BAREKENG: Journal of Mathematics and Its Application

OUTLIERS HANDLING ON SEASONAL ARIMA INTERVENTION MODEL (CASE: IMPACT OF MOST FAVORED NATION POLICY ON INDONESIAN HOT ROLLED COIL/PLATE)

Fadhila Annisa Maksum (Politeknik Statistika STIS, Indonesia)
Siskarossa Ika Oktora (Politeknik Statistika STIS, Indonesia)



Article Info

Publish Date
01 Mar 2024

Abstract

Intervention analysis measures the impact of various external events or interventions capable of changing data patterns. This research aims to determine the outliers handling on the seasonal ARIMA intervention model using the Box-Jenkins method. The pre-intervention model formed contains seasonal and step functions, which does not fulfill the white noise of the final intervention model. Therefore, the outliers need to be detected the model meets the white noise assumption. The intervention model and outlier detection in this study are conducted to capture the impact of a tariff-setting policy of 5 and 15 percent, called the first and second intervention, on the volume of Hot Rolled Coil/Plate (HRC/P) imports. When the outlier is detected, the next step is to examine and adjust its effect on the model by adding the effect of the outlier in the model. Using the seasonal ARIMA intervention model, the results showed that the first and second interventions significantly reduced the volume of HRC/P imports. A limitation of this research is that this model cannot include other independent variables in the modeling.

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Journal Info

Abbrev

barekeng

Publisher

Subject

Computer Science & IT Control & Systems Engineering Economics, Econometrics & Finance Energy Engineering Mathematics Mechanical Engineering Physics Transportation

Description

BAREKENG: Jurnal ilmu Matematika dan Terapan is one of the scientific publication media, which publish the article related to the result of research or study in the field of Pure Mathematics and Applied Mathematics. Focus and scope of BAREKENG: Jurnal ilmu Matematika dan Terapan, as follows: - Pure ...