Profit Prediction on MSME using Least Square Method


Authors : Asti Sekar Kinasih; Nurafni Eltivia; Nur Indah Riwajanti

Volume/Issue : Volume 7 - 2022, Issue 12 - December

Google Scholar : https://bit.ly/3IIfn9N

Scribd : https://bit.ly/3QUGl3y

DOI : https://doi.org/10.5281/zenodo.7556187

Abstract : This objective of this study is to forecast the profits of Micro, Small and Medium Enterprises (MSMEs) using the Least Square Method. The data used are profit data for MSMEs located in Malang from November 2019 to October 2022. The method used in this research is the Least Square Method. This method is used to predict profit. The results of the profit forecasting in November 2022 have increased by IDR 6,264,396.

Keywords : Forecasting, MSMEs, Least Square Method

This objective of this study is to forecast the profits of Micro, Small and Medium Enterprises (MSMEs) using the Least Square Method. The data used are profit data for MSMEs located in Malang from November 2019 to October 2022. The method used in this research is the Least Square Method. This method is used to predict profit. The results of the profit forecasting in November 2022 have increased by IDR 6,264,396.

Keywords : Forecasting, MSMEs, Least Square Method

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