Time series Analysys of Price of Bottled Beer at Market of the Czech Republic

@article{17805,
   author = {Skupinová, Sylva and Smotlachová, Eliška and Máče, Jan and Koklar, Robin and Novotný, Tomáš},
   article_location = {Praha 8},
   article_number = {26},
   keywords = {price, bottled beer,time series, prediction, the Czech Republic},
   language = {eng},
   issn = {1801-1535},
   journal = {Czech Hospitality and Tourism Papers},
   title = {Time series Analysys of Price of Bottled Beer at Market of the Czech Republic},
   volume = {2016},
   year = {2016}
}

TY  - JOUR
ID  - 17805
AU  - Skupinová, Sylva - Smotlachová, Eliška - Máče, Jan - Koklar, Robin - Novotný, Tomáš
PY  - 2016
TI  - Time series Analysys of Price of Bottled Beer at Market of the Czech Republic
JF  - Czech Hospitality and Tourism Papers
VL  - 2016
IS  - 26
SP  - 50-60
EP  - 50-60
PB  - Vysoká škola hotelová v Praze 8, spol. s r. o.
SN  - 18011535
KW  - price, bottled beer,time series, prediction, the Czech Republic
N2  - The paper analyzed the time series of 10 ° bottled beer prices between the years 1993 and 2013 in order to estimate the prices of beer in 2014 and 2015. The main objective was to perform a statistical modelling of beer prices to determine trend. The three types of trends were calculated to obtain the best fitting one. It appears to be a straight line with the highest R-Square statistic and the lowest mean squared error. Estimation results suggest, that the regression model is suitable for the prediction of bottled beer prices for the years 2014 and 2016
ER  - 

SKUPINOVÁ, Sylva, Eliška SMOTLACHOVÁ, Jan MÁČE, Robin KOKLAR and Tomáš NOVOTNÝ. Time series Analysys of Price of Bottled Beer at Market of the Czech Republic. \textit{Czech Hospitality and Tourism Papers}. Praha 8: Vysoká škola hotelová v Praze 8, spol. s r. o., 2016, vol.~2016, No~26, p.~50-60, 10 pp. ISSN~1801-1535.