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March 13, 20260 citationsOpen Access

Validation of ARIMA Model for Process-Control System Cost-Effectiveness in Senegal

Replication and Validation of a Time-Series Forecasting Model for Process-Control System Cost-Effectiveness in Senegal (2000–2026)

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Authors

MNMamadou NdiayeADAissatou Diagne

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Overview

Replication study validates cost-effectiveness forecasting in West Africa, suggesting improvements for accuracy.

Key Points

  • The study aims to critically evaluate a forecasting model's accuracy and stability using updated data.
  • Executed a direct replication of the original ARIMA model specification.
  • Re-estimated the model with a new dataset of comparable scale.
  • Compared forecasts against held-back observational data.
  • Utilized robust standard errors to account for heteroskedasticity.
  • Confirmed directional accuracy for forecasting cost trends.
  • Revealed a systematic overestimation of cost-saving magnitudes by approximately 15%.
  • Showed statistically significant autoregressive parameter estimates with greater variability.
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Cite This Study

Ndiaye et al. (2007) studied this question.

synapsesocial.com/papers/69b3acd302a1e69014cced5chttps://doi.org/10.5281/zenodo.18969947
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Replication and Validation of a Time-Series Forecasting Model for the Cost-Effectiveness Diagnostics of Nigerian Water Treatment Systems (2000–2024)2002
  2. 2Replication and Validation of a Time-Series Forecasting Model for Cost-Effectiveness Diagnostics in Nigerian Manufacturing Plants (2000–2026)2025
  3. 3Replication and Validation of a Time-Series Forecasting Model for Process-Control System Efficiency in Ethiopia (2000–2026)2020
  4. 4Methodological Evaluation and Time-Series Forecasting for Cost-Effectiveness of Process-Control Systems in Uganda2001
  5. 5A Methodological Evaluation and Time-Series Forecasting Model for Process-Control System Cost-Effectiveness in Ghana (2000–2026)2021