Countries with an increasing trend: prediction and assessment of reliability To estimate a potential future trend, a time series analysis using the ARIMA(1,2,1) model was conducted.
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Long-term forecasting and evaluation of medicine consumption for the ATC class H with a focus on thyroid hormones in OECD countries using ARIMA models.
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Notably, countries that exhibit a decreasing trend tend to have fewer data points, meaning that reports are only covering a short period of time and do not give insight in further post.
This model is particularly effective for time series that exhibit a strong trend over time.