“…Therefore, in order to obtain more information, the fuzzy relation among collected actual data in fuzzy regression was first introduced by Tanaka et al (1982). Many researches, for examples, Watada (1992) uses fuzzy regression to time series to analyze time series data; Chang (1997) showed that the fuzzy regression model could be better explained in seasonal analysis; Tsaur et al (2002) used two independent variables of preceding periodical data and index of time to show the pattern of the seasonal variation; Tsaur (2003) showed that the fuzzy regression model could be used to forecast the demand of internet users under different product life cycles; Abdalla and Buckley (2007) apply fuzzy Monte Carlo method to a certain fuzzy linear regression problem to estimate the best solution, and find that the best solution is a vector of triangular fuzzy numbers for the fuzzy coefficients in the model. Therefore, for analyzing limited time series data with the reliability and validity, the fuzzy set theory is hybridized into the grey model GM(1,1) to derive fuzzy grey model GM(1,1) (Tsaur and Liao 2007), fuzzy grey regression model (Tsaur 2008).…”