Indonesian Journal of Statistics and Its Applications
Vol 1 No 1 (2017)

PENDUGAAN PARAMETER FUNGSI COBB-DOUGLAS GALAT ADITIF DENGAN ALGORITME GENETIKA

Iqbal Hanif (Telkom Indonesia)
Agus M Soleh (Department of Statistics, Bogor Agricultural University (IPB))
Aam Alamudi (Department of Statistics, Bogor Agricultural University (IPB))



Article Info

Publish Date
31 Oct 2017

Abstract

Cobb-Douglas function with additive errors is a function which can be used to analyse the relationship between production output and production factors. The method commonly used to estimate the parameter of that function is Nonlinear Least Square (NLS) and a common algorithm for this method is Gauss Newton iteration (NLS-GN). However, NLS-GN method has less-optimum results when analysing multicolinearity data. A possibly better method for this analysis is Genetic Algorithm (NLS-GA). The purpose of this study is to analyse the use of Genetic Algorithm to estimate parameters of Cobb-Douglas function with additive errors. The results show that NLS-GA method could not produce a better parameter estimator than NLS-GN method does but it produced a better parameter estimator in analysing multicolinearity data. NLS-GA method is capable of producing a better model with predictive ability than NLS-GN method does with real data. Keywords: cobb-douglas function, genetic algorithm, nonlinear least square

Copyrights © 2017






Journal Info

Abbrev

ijsa

Publisher

Subject

Computer Science & IT Mathematics Other

Description

Indonesian Journal of Statistics and Its Applications (eISSN:2599-0802): diterbitkan berkala 2 (dua) kali dalam setahun yang memuat tulisan ilmiah yang berhubungan dengan bidang statistika dan aplikasinya. Artikel yang dimuat berupa hasil penelitian bidang statistika dan aplikasinya dengan topik ...