Demanding Model of Automobile Loan Using Stochastic Theory
Zheng Wang
DOI: 10.4236/ti.2010.13025   PDF    HTML     8,571 Downloads   12,395 Views   Citations


We propose a double forecasting model using stochastic theory .The demand of automobile loan is the sum of all compound variables which indicated that automobile loan was credited to customer occurring in a certain period of time. Probability distribution of automobile loan was acquired using throughout probability theory. In view of such a fact, demand of automobile loan can be viewed as a conditional mathematic expectation. The forecasting model is proposed using growing function. Theoretical analysis and Case study shows that model based on conditional expectation is better than other model available with respect to forecasting demand of automobile loan.

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Wang, Z. (2010) Demanding Model of Automobile Loan Using Stochastic Theory. Technology and Investment, 1, 211-214. doi: 10.4236/ti.2010.13025.

Conflicts of Interest

The authors declare no conflicts of interest.


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