| Narxoz Student Research-2021
to the offi
cial estimations, the working population by 2025 is expected
to reach 9.3 million (OISPMRK , 2019). This result conforms to the
upper interval of our assumptions for the year of 2025. Therefore, we
consider the offi
cial estimations to conform to an optimistic scenario of
our forecast.
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Figure 6: The Working population predicted for the time span of 2020 – 2029.
Upper and lower 95% con
fi
dence intervals are included.
Finally, to see the graphical representation of the prediction interval
more closely, we present the plot of the working population in the time
range of 2020 – 2029. The plot represented on the Figure 7 shows the
employed (working) population against the predicted time range. The
confi dence intervals are shown as grey dashed lines and correspond to
pessimistic (lower) and optimistic (upper) prediction scenarios for our
forecast model:
Figure 7: Working Population predicted for the next 10 years.
Upper and lower 95% con
fi
dence intervals are also included (RStudio).
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