6Forecasting Production Performance

D.T. Akhmetova, G.B. Utibayeva, B.S. Utibayev, R.M. Zhunusova, A. Baidakov, B.I. Tukenova
European Research Studies Journal, Volume XXI, Issue 2, 134-146, 2018
DOI: 10.35808/ersj/990

Abstract:

This article considers the application of econometric calculations by the method of statistical dependence equations to analyze the relationships between various factors and the performance indicator.It is noted that the use of econometric calculations should be based on knowledge and understanding of the essence of economic processes and phenomena, the specifics of economic interrelations and the laws of their development.The study presents the methodology by using statistical dependence equations and calculating the factor stability coefficients based on the actual development indicators of the livestock sector in the Akmola region over several years.


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