Research Article

A Novel Optimized Nonlinear Grey Bernoulli Model for Forecasting China’s GDP

Table 7

Relative error values of China’s GDP data by the five grey models (%).

YearM1M2M3M4New model

201200000
20130.020.03−0.02−0.03−0.03
2014−0.33−0.32−0.16−0.15−0.15
20150.220.24−0.42−0.45−0.45
2016−0.15−0.14−0.020.020.02
2017−3.28−3.27−3.26−3.21−3.21
2018−5.32−5.31−5.45−5.380.60
MAPE1.551.541.481.450.65