Forecasting Covid-19 New Cases in Monaco

Abstract

In this study, the ANN approach was applied to analyze COVID-19 new cases in Monaco. The employed data covers the period 1 January 2020 – 25 March 2021 and the out-of-sample period ranges over the period 26 March – 31 July 2021. The residuals and forecast evaluation criteria (Error, MSE and MAE) of the applied model indicate that the model is quite stable. The results of the study indicate that daily COVID-19 cases in Monaco are likely to remain between 10 and 30 cases per day over the out-of-sample period. Amongst other suggested policy directions, there is need for the government of Monaco to ensure adherence to safety guidelines while continuing to create awareness about the COVID-19 pandemic.

Country : Zimbabwe

1 Dr. Smartson. P. NYONI2 Mr. Thabani NYONI3 Mr. Tatenda. A. CHIHOHO

  1. ZICHIRe Project, University of Zimbabwe, Harare, Zimbabwe
  2. SAGIT Innovation Center, Harare, Zimbabwe
  3. Independent Health Economist, Harare, Zimbabwe

IRJIET, Volume 5, Issue 6, June 2021 pp. 347-352

doi.org/10.47001/IRJIET/2021.506061

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