Using grey-weighted Markov chain model to predict the quantum of highway passenger transport

Using grey-weighted Markov chain model to predict the quantum of highway passenger transport

Wenjing Li

COMPUTER MODELLING & NEW TECHNOLOGIES 2014 18(5) 24-28

School of Science, Shandong Jiaotong University, No.5 Jiaoxiao Road, Jinan, Shandong, China, 250023

The grey-weighted Markov model is a prediction model integrating the advantages of grey model and Markov chain model. It can be applied to predict the highway passenger transport quantum. Compared with grey model, the grey-weighted Markov chain model improved the precise of prediction, so the combined model was more appropriate for the prediction of highway passenger transport. Based on the original data of highway passenger transport quantum from 2001 to 2011, the passenger transport quantum in 2012 was predicted with grey-weighted Markov chain model.