4.4 The empirical result of approximation based on Fit-AR Model for during period of low
seasonal in Thailand
Table (4) show the results of estimation based on three model such as such as AR (1) Maximum Likelihood
Estimation Based, AR (1) Maximum Likelihood Bootstrap Based, and AR(1) Maximum Entropy Bootstrap
Based. In terms of forecasting methods are referenced above to suggest that the number of international
tourist arrival to Thailand will not be able to predict by itself for future years. Based on these models cannot
uses in during period of low seasonal to predict the Thailand’s international tourism demand. However, based
on AR (1) Maximum Entropy Bootstrap approach is suggested that at least one month will be able to predict
the future of Thailand’s international tourism demand. (See more details in appendix A)