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STATISTICAL MODELING OF TOURISM INVESTMENT DECISIONS IN INDONESIA USING SEMIPARAMETRIC APPROACH Pratama, Yossy Maynaldi; Fernandes, Adji Achmad Rinaldo; Wardhani, Ni Wayan Surya; Nurjannah, Nurjannah; Solimun, Solimun
BAREKENG: Jurnal Ilmu Matematika dan Terapan Vol 18 No 1 (2024): BAREKENG: Journal of Mathematics and Its Application
Publisher : PATTIMURA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30598/barekengvol18iss1pp0529-0536

Abstract

The tourism potential in Indonesia is very large considering that Indonesia consists of tens of thousands of separate islands. Indonesia has many diverse landscapes, with all its nature wealth and biodiversity in it is an attraction for investors who want to invest in Indonesia. The existence of relationships between variables that are linear and nonlinear, where no nonlinear pattern is known, requires a semiparametric approach. This study aims to apply a semiparametric approach to model people's investment decisions in tourism in Indonesia. The data used is in the form of respondents from investors who invest in tourism in Indonesia from the 2022 National Competitive Basic Research (PDKN) as many as 100 respondents. This study uses the semiparametric path analysis method to model tourism investment decisions in Indonesia. The results show that regulatory variables and investment interest variables have a significant and positive effect on investment decision variables. A diversity coefficient of 60.2% indicates that data diversity can be explained by 60.2% with models, while other variables outside the study explain the remaining 38.8%. In other words, the regulatory variable (X) and the investment interest variable (Y1) can influence the investment decision variable (Y2) by 60.2%.
Nonparametric Smoothing Spline Approach in Examining Investor Interest Factors Pratama, Yossy Maynaldi; Fernandes, Adji Achmad Rinaldo; Wardhani, Ni Wayan Surya; Hamdan, Rosita
JTAM (Jurnal Teori dan Aplikasi Matematika) Vol 8, No 2 (2024): April
Publisher : Universitas Muhammadiyah Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31764/jtam.v8i2.20192

Abstract

The nonparametric approach is an appropriate approach for patterns of relationships between predictor variables and response variables that are not or have not been known in form. In other words, there is no complete information about the pattern of relationships between variables. Curve estimation is determined based on relationship patterns in existing data. The nonparametric approach has great flexibility for estimating regression curves. This study aims to form a model on investor interest factors in improving tourism investment decisions with a nonparametric approach. The nonparametric method used is the smoothing spline regression method. The smoothing spline method is used because the modeling results from the smoothing spline approach can follow the relationship model between variables contained in the data. Thus, this method really helps researchers to model relationships between variables that are not linear and whose linear form is unknown. The results of the analysis showed that the nonparametric smoothing spline regression analysis method could model data by 94.63%, indicates that data variance can be explained by 94.63% with models, while other variance outside the study explain the remaining 5.37%. That is, investment motivation is one of the most important factors to improve investment decisions.