LINEAR TREND ANALYSIS ON RETAIL PRICE OF RED PEPPER IN ABESHGE WOREDA

Abstract

Retail price for Red pepper is the form of price change that uses Red pepper. It is the actual price demand made on existing Red pepper supply. This research paper primarily focus on the time series analysis for Retail price of Red pepper in Abeshge woreda. Secondary data is used for accomplishment of this research obtained from the Retail price of Red pepper in Abeshge woreda. The researcher used descriptive and time series analysis to analyze the data for Retail price of Red pepper in Abeshge woreda. The model that identify based on Box-Jenkins procedure is ARIMA (1 1, 0) and one can use this model to forecast the future price of Red pepper in Abeshge woreda. Therefore, based on the result of this study concerned bodies are recommended to take remedial action to stabilize the demand and supply for Retail price of Red pepper in Abeshge woreda.