Research Article
Energy Consumption Predication in China Based on the Modified Fractional Grey Prediction Model
Table 2
Results from different grey predication models.
| Original value | DGM (1, 1) predication | Predication error (%) | FTDGM (1, 1) predicated value (r = 0.88) | Predication value (%) | B-FTDGM (1, 1) predicated value (r = 0.11) | Predication error (%) |
| 441492 | 457233.2 | 3.57 | 444420.4 | 0.66 | 444771.5 | 0.74 | 455827 | 473641.2 | 3.91 | 451907.1 | 0.86 | 461055.2 | 1.15 | 471925 | 490637.9 | 3.97 | 458769.2 | 2.79 | 455037.9 | 3.58 | 487000 | 508244.7 | 4.36 | 465125.7 | 4.49 | 486801.3 | 0.04 | MAPE | | 3.95 | | 2.20 | | 1.38 |
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MAPE (mean absolute percentage error) = . |