Predicting Trends in Cereal Production in the Czech Republic by Means of Neural Networks

Vít Malinovský

DOI 10.7160/aol.2021.130107
No 1/2021, March
pp. 87-103

Malinovský, V. (2021) “Predicting Trends in Cereal Production in the Czech Republic by Means of Neural Networks", AGRIS on-line Papers in Economics and Informatics, Vol. 13, No. 1, pp. 87-103. ISSN 1804-1930. DOI 10.7160/aol.2021.130107.

Abstract

This paper deals with problems of processing agricultural production data into the form of time series and analysing consequent results by means of two completely different methods. The first method for calculating cereals production figures uses the MS-Excel spreadsheet using conventional mathematical and statistical functions while the second one uses the ELKI software providing users with development environment including algorithms of neural networks. The obtained results are similar to a certain extent which shows new possibilities of progressive use of neural networks in future and enables modern approach to analysing time series not only in agricultural sector.

Keywords

Comparative analysis, cereals production, ELKI software, Excel spreadsheet, neural networks, predicting, statistics, time series, trends.

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