Statistical Analysis of Current Guava Production and Its Prospect in Bangladesh

Authors

  • Sayed Mohibul Hossen Northern University Bangladesh

DOI:

https://doi.org/10.18034/abr.v1i1.138

Keywords:

Guava, Production, Prospect, Bangladesh

Abstract

Agriculture is an important sector for the overall development of any country like Bangladesh. Guava is a major crop of Bangladesh, which has a significant demand in the local market. In this research, we have made a market study of guava by using time series agricultural data. The aim of the research is to know the cultural practices of guava and to study market model of guava in Bangladesh and to identify the best model that may be used for forecasting purposes. Three models (CLRM, ANCOVA and Log-Lin regression model) have been considered in this study. Ordinary least square (OLS) procedures have been used for estimation purpose. Reliable parameter estimates of the CLRM, ANCOVA and Log-Lin regression (Shil & Nath, 2008) model with minimum standard errors, high explanatory power have been obtained in this research.

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Author Biography

  • Sayed Mohibul Hossen, Northern University Bangladesh

    Department of Business Administration, Northern University Bangladesh, Dhaka, BANGLADESH

References

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Gujrati, D.N; 1995. Basic econometrics, New York: Me Graw-Hill.

Jimmy Wales, Wikipedia Founder. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a U.S. registered 501(c)(3) tax-deductible nonprofit charity.

K.Y. and M. G. Brown 1980. “economic effectiveness of brand advertising programmes for u.s.orange juice in the European market. An statistical analysis”.journal of agricultural economics, 37, pp.385-395.

Morton, J. 1987. Guava. p. 356–363. In: Fruits of warm climates. Julia F. Morton, Miami, FL

Shil & Nath 2008. An introduction to the theory of STATISTICS.

Suntornsuk, L., et al. “Quantitation of vitamin C content in herbal juice using direct titration.” J. Pharm. Biomed. Anal. 2002; 28(5): 849-55. Year book of agricultural statistics of Bangladesh”, (2007). Bangladesh bureaus of statistics, Dhaka.

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Published

2012-09-30

How to Cite

Hossen, S. M. (2012). Statistical Analysis of Current Guava Production and Its Prospect in Bangladesh. Asian Business Review, 1(1), 09-14. https://doi.org/10.18034/abr.v1i1.138

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