TY - JOUR
T1 - Forecasting school enrollments in the Australian Capital Territory
AU - Shen, Tianyu
AU - Raymer, James
AU - Hendy, Caroline
PY - 2024/10/7
Y1 - 2024/10/7
N2 - School enrollment forecasts are vital for effective planning. This study introduces a probabilistic multiregional population projection model, which accounts for different components, including preschool entries, migration, grade progression, and graduations. Using different distributions with a cohort component projection and Monte Carlo simulation, this paper forecasts student enrollments for each school and academic year level in the Australian Capital Territory based on the annual record-level administrative data. In the in-sample validation tests, the model’s overall performance is robust, and the probabilistic design offers reliable prediction intervals reflecting the variation in observed values. The paper ends with a discussion on the importance of prediction intervals for informing school planning.
AB - School enrollment forecasts are vital for effective planning. This study introduces a probabilistic multiregional population projection model, which accounts for different components, including preschool entries, migration, grade progression, and graduations. Using different distributions with a cohort component projection and Monte Carlo simulation, this paper forecasts student enrollments for each school and academic year level in the Australian Capital Territory based on the annual record-level administrative data. In the in-sample validation tests, the model’s overall performance is robust, and the probabilistic design offers reliable prediction intervals reflecting the variation in observed values. The paper ends with a discussion on the importance of prediction intervals for informing school planning.
U2 - 10.1093/jrsssa/qnae094
DO - 10.1093/jrsssa/qnae094
M3 - Article
SN - 0964-1998
JO - Journal of the Royal Statistical Society. Series A: Statistics in Society
JF - Journal of the Royal Statistical Society. Series A: Statistics in Society
M1 - qnae094
ER -