Different Methods of Forecasting Population
Different Methods of Forecasting Population
Forecasting Population
Population Forecasting
Design of water supply and sanitation
scheme is based on the projected
population
of
a
particular
city,
estimated for the design period. Any
underestimated value will make system
inadequate for the purpose intended;
similarly overestimated value will make
it costly.
Methods of forecasting
population
Arithmetical Method
In this method we assume that growth
rate for certain duration of time
remains constant i.e. if annual
increment in rate is 20% in 1960 it
will remain 20% in 1980 as well.
Geometrical Method
In this method the growth is assumed to
follow geometric series. Growth is
assumed to be constant for a specific
period of time. Thus, population at the
end of n years is given as;
Pn= P (1+i/100)nwhere
i = per year percentage rate of increase.
Graphical Method
In this method, the populations of last
few decades are correctly plotted to a
suitable scale on graph