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PRESENTATION ON
POPULATION FORECAST AND LINEAR MODEL
Population
A group of objects or organisms of the same kind is defined as population
Population forecasts
In the long run, the policy parameters are to be incorporated in the projections. The likely effects of policy changes are to be judged and projections are to be made accordingly. Thus, when an element of judgment is added to the projections, it becomes a forecast.
Population Projections
In
general, population projections are treated as predictions and are never to be termed as final population. They should be reviewed frequently in order to determine the degree to which they agree with recent demographic changes
Terminology
We use the following terminology to describe each technique in the methodology: 1. Base year - the year of the earliest observed population used to make a projection; 2. Launch year - the year of the latest observed population used to make a projection; 3. Target year - the year for which population is projected; 4. Base period - the interval between the base year and the launch year; 5. Projection horizon - the interval between the launch year and the target year
.
Population Forecasts
Analysts that undertake population forecasting have a wide variety of method available to them, all with a mix of strengths and weaknesses.
-Simple extrapolation -Complex Ratio -Complex extrapolation -Cohort Survival -Simple Ratio -Cohort Component
Needs of the Users --Geographic Detail --Demographic Detail --Temporal Detail Model Complexity --Ease of Application --Ease of Explanation Resources --Money --Personnel --Time Forecast Accuracy
Accuracy of forecasts
Research into forecast accuracy has yielded the conclusions:
Forecast accuracy generally increases with population size. Forecast accuracy generally increases for areas with slow, but steady positive growth rates. It decreases for areas with rapid population increases or population losses. Forecast accuracy generally declines as the projection horizon (distance from the launch year) increases.
Accuracy of forecasts
The
rule of thumb on base period is generally found to true; The length of the base period should generally correspond to the length of the projection horizon. --Short projection horizon (1-5 years), short base period --Long projection horizon (20+ years), longer base period
Population Projection
Projections are an extrapolation of historical data (population versus time) into the future Computation of the future changes in population numbers, given certain assumptions about future trends in the rates of fertility, mortality and migration.
Population projection
The accuracy of population projections is generally considered
directly proportional to the size of the existing population and
the historical rate of growth, and inversely proportional to the length of the time projection.
Accuracy in projections
More confidence in projection: Short time into the future Large population Historically high growth
Less confidence in projection: Long time into the future Small population Historically low growth
Population Projections
Demographers often issue
low, medium and high projections
of the same population, based on different assumptions of how these rates will change in the future.
Population Projection
Normally, population in future is governed by the following equation: Pn = Po + Number of Births (B) - Number of Deaths (D) + Net Migration (Nm) For the projection of population in 2011 (Pn), base year population (Po) in 2001, the number of births and deaths between 2001 and 2011 and net migration is required. Keeping in view the in-migration and out-migration, net migration may be either positive or negative.
Population Projections
The four approaches to population projection consist of two ratio techniques, relating one area to a larger area, and two mathematical extrapolation techniques that project population based on historical trends.
Population projections
Mathematical techniques include:
Linear growth Exponential growth Decreasing growth Correlation method Component method
Linear model
Linear growth Steady growth can be represented as: P / t = (Pb Po) / (tb to) = K1 where: P = change in population t = change in time Pb = base population (start of projection) Po = initial population (in the applicable linear growth period) tb = base year (start of projection) to = initial year (earliest year in the applicable linear growth period) K1 = growth rate = slope of line
Linear model
A projection assuming linear growth can be calculated using the formula: Pf = Pb + K1t where: Pf = future population t = tf tb = # of years projected into the future tf = future year (end of projection)