Forecasting Covid-19 New Cases in Austria

Abstract

In Austria, just like in any other affected country, COVID-19 has registered disastrous effects. The worldwide research community has responded with a surge in forecasting models. In this research paper, the ANN approach was applied to examine COVID-19 cases in Austria. This study is based on daily new cases of COVID-19 in Austria for the period 1 January 2020 – 25 March 2021. The out-of-sample forecast covers the period 26 March 2021 – 31 July 2021. The residuals and forecast evaluation statistics (Error, MSE and MAE) of the applied model suggest that the model is quite stable and generally acceptable for forecasting daily COVID-19 cases in Austria. The results of the study indicate that daily COVID-19 cases in Austria are likely to remain significantly high over the out-of-sample period. The government of Austria in line with the findings of the study; should ensure the continued compliance to control and preventive COVID-19 measures.

Country : Zimbabwe

1 Dr. Smartson. P. NYONI2 Mr. Thabani NYONI3 Mr. Tatenda. A. CHIHOHO

  1. ZICHIRe Project, University of Zimbabwe, Harare, Zimbabwe
  2. SAGIT Innovation Center, Harare, Zimbabwe
  3. Independent Health Economist, Harare, Zimbabwe

IRJIET, Volume 5, Issue 6, June 2021 pp. 777-781

doi.org/10.47001/IRJIET/2021.506136

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