Application of grey model GM(1, 1) to vehicle fatality risk estimation

By M. Mao, E. Chirwa. 2006

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Application of the novel nonlinear grey Bernoulli model for forecasting unemployment rate (2008, methodology): “Grey theory has been widely and successfully applied in various fields, such as prediction electronics industry production value [3,4], traffic [5], marketing [6], seismology [7], agriculture [8], engineering [9], tourism [10] and so on.”
Grey relation performance correlations among economics, energy use and carbon dioxide emission in Taiwan (2007, background): “Mao and Chirwa (2006) examined motor vehicle fatality in USA and UK by grey prediction theory and found that GM (1,1) model plus 3-point average technique had high feasibility, efficiency and accuracy.”
Forecasting the Energy Consumption of China by the Grey Prediction Model (2012, background): “, 2004), mining and safety (Liu and Jin, 2007; Zhang and Liu, 2006), transportation (Hsu and Wen, 1998), vehicle fatality risk estimation (Mao and Chirwa, 2006), and engineering (Jiang et al.”