Estimation of crude palm oil price using Newton Divided Difference method and Lagrange Interpolation method / Annur Auni Farisya Mazli

Malaysia's economic growth has been greatly influenced by the agricultural sector, especially the cultivation of crude palm oil. Several studies have been done to prove that this sector brings many benefits to the producing country. The increase or decrease in the price of crude palm oil should...

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Main Author: Mazli, Annur Auni Farisya
Format: Thesis
Language:English
Published: 2023
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Online Access:https://ir.uitm.edu.my/id/eprint/96598/1/96598.pdf
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spelling my-uitm-ir.965982024-06-09T04:18:46Z Estimation of crude palm oil price using Newton Divided Difference method and Lagrange Interpolation method / Annur Auni Farisya Mazli 2023 Mazli, Annur Auni Farisya Difference equations. Functional equations. Delay differential equations. Integral equations Malaysia's economic growth has been greatly influenced by the agricultural sector, especially the cultivation of crude palm oil. Several studies have been done to prove that this sector brings many benefits to the producing country. The increase or decrease in the price of crude palm oil should be predicted in the future so that this product remains the main source of the country's economy and is able to meet the demand of foreign countries and remain the largest producer in Asian countries. The interpolation method is widely used to predict any values because it can convert a complicated function into a simpler one so that the function is easier to evaluate. To solve the problem, Newton Divided Difference method and Lagrange Interpolation method were used to predict the price of crude palm oil in the next 5 years. Based on certain factors, the results of the study prove that both methods can be used to predict the price of crude palm oil despite getting large error results due to the current economic situation. 2023 Thesis https://ir.uitm.edu.my/id/eprint/96598/ https://ir.uitm.edu.my/id/eprint/96598/1/96598.pdf text en public degree Universiti Teknologi MARA, Terengganu College of Computing, Informatics and Mathematics Mohamed, Zamzulani
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Mohamed, Zamzulani
topic Difference equations
Functional equations
Delay differential equations
Integral equations
spellingShingle Difference equations
Functional equations
Delay differential equations
Integral equations
Mazli, Annur Auni Farisya
Estimation of crude palm oil price using Newton Divided Difference method and Lagrange Interpolation method / Annur Auni Farisya Mazli
description Malaysia's economic growth has been greatly influenced by the agricultural sector, especially the cultivation of crude palm oil. Several studies have been done to prove that this sector brings many benefits to the producing country. The increase or decrease in the price of crude palm oil should be predicted in the future so that this product remains the main source of the country's economy and is able to meet the demand of foreign countries and remain the largest producer in Asian countries. The interpolation method is widely used to predict any values because it can convert a complicated function into a simpler one so that the function is easier to evaluate. To solve the problem, Newton Divided Difference method and Lagrange Interpolation method were used to predict the price of crude palm oil in the next 5 years. Based on certain factors, the results of the study prove that both methods can be used to predict the price of crude palm oil despite getting large error results due to the current economic situation.
format Thesis
qualification_level Bachelor degree
author Mazli, Annur Auni Farisya
author_facet Mazli, Annur Auni Farisya
author_sort Mazli, Annur Auni Farisya
title Estimation of crude palm oil price using Newton Divided Difference method and Lagrange Interpolation method / Annur Auni Farisya Mazli
title_short Estimation of crude palm oil price using Newton Divided Difference method and Lagrange Interpolation method / Annur Auni Farisya Mazli
title_full Estimation of crude palm oil price using Newton Divided Difference method and Lagrange Interpolation method / Annur Auni Farisya Mazli
title_fullStr Estimation of crude palm oil price using Newton Divided Difference method and Lagrange Interpolation method / Annur Auni Farisya Mazli
title_full_unstemmed Estimation of crude palm oil price using Newton Divided Difference method and Lagrange Interpolation method / Annur Auni Farisya Mazli
title_sort estimation of crude palm oil price using newton divided difference method and lagrange interpolation method / annur auni farisya mazli
granting_institution Universiti Teknologi MARA, Terengganu
granting_department College of Computing, Informatics and Mathematics
publishDate 2023
url https://ir.uitm.edu.my/id/eprint/96598/1/96598.pdf
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