STATISTICAL METHODS FOR THE PREDICTION OF IRAQ BUDGET
A. N. IRTEFAA *
Faculty of Computer Science and Mathematics, University of Kufa, Najaf, Iraq
*Author to whom correspondence should be addressed.
Abstract
In this applied research, we had applied a statistical study to estimate the budget of Iraq in the next few years. Through using a known statistical method, such as the maximum likelihood estimator (MLE) with reliability function. The real data in this study were represented by the budgets of Iraq from 2005 to 2015. The results of the data processing are that the budget of Iraq will not be significant increasing in the next few years.
Keywords: Statistical method, data analysis, weibull distribution, estimation, maximum likelihood estimator