Forecasting strategies and analyzing the numbers of incoming students: Case in Taiwanese vocational schools
Year: 2017
Type: article
Abstract: In the past few years, it is transparently observed a strict policy in Taiwan that government always has a tendency to focus on vocational and technical education, which is believed to create positive and miracle changes to their economy.However, to some extent, this trend faces several challenges: excellent courses and supporting facilities, long effective in training workers, are becoming outdated; students are getting less interested in vocational schools; and funding priorities for educational restructuring are still ambiguous.In addition, this thesis uses then Grey System theory is applied for gathering and analyzing these data in the period of 2007 to 2013, which then can be forecasted to 2016, while Moving Average has its own limitations so it is just used to forecast for 2014.Based on the potentials and accuracy of Grey model e.g., Grey model is still able to be applied for short-time forecasting or missing data, this study has finally used this model for further analysis by using its forecasting results.Consequently, the researcher demand for statistical data in term of how these numbers will increase or decrease in near future.As a result, simultaneously, when the downturns go to the "hot" majors, the trend experiences a huge increase in the Home Economics.To be more specific, it is observed a gradual and slight decline with the Marine Products majors.Therefore, this study can clearly provide the Ministry of Taiwanese Education a comprehensive vision so that pragmatic actions regarding education policies and resources allocation will be taken in the future.
Author: Thanh-Tuyen Tran
Institution: Lac Hong University
Language: English
Field: Decision Sciences
Domain: Social Sciences
SDG: Quality education
Open Access status: gold
Estimated APC paid: $469
OpenAlex ID: W2744976973