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USING STATISTICAL MODELS IN FORECASTING ECONOMIC INDICATORS USING THE R STUDIO PROGRAM

I.K. Kho'jakulov"Tashkent Institute of Irrigation and Agricultural Mechanization Engineers" National Research University 4th year student of the Faculty of Economics, Department of Statistics
Open MINDrepository2026
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Abstract

This study investigates the application of statistical models for forecasting economic indicators using R Studio. The research focuses on time series analysis, including ARIMA and exponential smoothing methods, to predict GDP, inflation, and exchange rates. The study demonstrates how R Studio’s data analysis and visualization tools enhance the accuracy and efficiency of economic forecasts. The results are valuable for policymakers, economists, and businesses for strategic planning, resource allocation, and decision-making.

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