FORECASTING THE NUMBER OF APPLICANTS FOR GRADUATE LEVEL: A CASE STUDY OF KING MONGKUT’S UNIVERSITY OF TECHNOGY NORTH BANGKOK
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Abstract
The objectives of this study were to create the most suitable forecasting model for the number of applicants for graduate study a case study King Mongkut’s University of Technology North Bangkok using the Box-Jenkins approach and to indicate the forecasting value of applicants for graduate level. There were 38 samples used for this data. The applicants were classified into doctoral degree level and master’s degree level in they were divided admissions of both the first semester and the second semester of academic year 2012-2021. The Box-Jenkins approach was used as the research instrument. The results revealed that the suitable model for forecasting master’s degree students is ARIMA (1,1,4), while the suitable model for forecasting doctoral students is ARIMA (0,1,4). The result found that the number of applicants in the academic year 2022 were 589 people for master’s degree level and 71 people for doctoral degree level.
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