KZN Provincial Treasury - THE KWAZULUNATAL ECONOMY â€
KZN Provincial Treasury - THE KWAZULUNATAL ECONOMY â€" LEADS AND LAGS



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KZN Provincial Treasury - THE KWAZULUNATAL ECONOMY â€" LEADS AND LAGS

2015-12-04

The average time delay between a building plan approved and building plan completed is calculated by computing a correlation coefficient matrix and root mean square error matrix between the building plans approved variable and the various lagged building plans completed variables.

The analysis will compute this average time delay on both a national and provincial level and then compare the two average time delays for each of the 5 categories of building plans approved and completed.

One would assume that the average time delay between a building plan approved and building plan completed on a national and provincial should be the same.

However this might not be true. There might be provincial factors that might increase or decrease the average time delay between a building plan approved and building plan completed on a provincial level compared to the national level.

Click below link to download Provincial Leads and Lags Analysis 2015:
Provincial Leads and Lags 3.15.pdf - 1 MB



Dr Clive Coetzee

General Manager:  Infrastructure Management and Economic Services

KZN Provincial Treasury

Economist (PhD UKZN)

033 897 4538





KZN Provincial Treasury - THE KWAZULUNATAL ECONOMY â€" LEADS AND LAGS

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