Comparative Analysis of Building Insurance Prediction Using Some Machine Learning Algorithms

In finance and management, insurance is a product that tends to reduce or eliminate in totality or partially the loss caused due to different risks. Various factors affect house insurance claims, some of which contribute to formulating insurance policies including specific features that the house has. Machine Learning (ML) when brought into the field of insurance would enable seamless formulation of insurance policies with a better performance which will also save time. Various classification algorithms have been used since they have a long history and have also got some modifications for optimum functionality. To illustrate the performance of each of the ML algorithms that we used here, we analyzed an insurance dataset drawn from Zindi Africa competition which is said to be from Olusola Insurance Company in Lagos Nigeria. This study therefore, compares the performance of Logistic Regression (LR), Decision Tree (DT), K-Nearest Neighbor (KNN), Kernel Support Vector Machine (kSVM), Naïve Bayes (NB), and Random Forest (RF) Regressors on a dataset got from Zindi.africa competition and their performances are checked using not only accuracy and precision metrics but also recall, and F1 score metrics, all displayed on the confusion matrix. The accuracy result shows that logistic regression and Kernel SVM both gave 78% but kSVM outperformed LR in precision with a percentage of 70.8% for kSVM and 64.8% for LR showing that kSVM offered the best result

A Regression Algorithm for the Smart Prognosis of a Reversed Polarity Fault in a Photovoltaic Generator

International audienceThis paper deals with a smart algorithm allowing reversed polarity fault diagnosis and prognosis in PV generators. The proposed prognosis (prediction) approach is based on the hybridization of a support vector regression (SVR) technique optimized by a k-NN regression tool (K-NNR) for undetermined outputs. To test the proposed algorithm performance, a PV generator database containing sample data is used for simulation purposes

Bagging of complementary neural networks with double dynamic weight averaging

Ensemble technique has been widely applied in regression problems. This paper proposes a novel approach of the ensemble of Complementary Neural Network (CMTNN) using double dynamic weight averaging. In order to enhance the diversity in the ensemble, different training datasets created based on bagging technique are applied to an ensemble of pairs of feed-forward back-propagation neural networks created to predict the level of truth and falsity values. In order to obtain more accuracy, uncertainties in the prediction of truth and falsity values are used to weight the prediction results in two steps. In the first step, the weight is used to average the truth and the falsity values whereas the weight in the second step is used to calculate the final regression output. The proposed approach has been tested with benchmarking UCI data sets. The results derived from our technique improve the prediction performance while compared to the traditional ensemble of neural networks which is predicted based on only the truth values. Furthermore, the obtained results from our novel approach outperform the results from the existing ensemble of complementary neural network

Use of hydroclimatic forecasts for improved water management in central Texas

Accurate seasonal to interannual streamflow forecasts based on climate information are critical for optimal management and operation of water resources systems. Considering most water supply systems are multipurpose, operating these systems to meet increasing demand under the growing stresses of climate variability and climate change, population and economic growth, and environmental concerns could be very challenging. This study was to investigate improvement in water resources systems management through the use of seasonal climate forecasts. Hydrological persistence (streamflow and precipitation) and large-scale recurrent oceanic-atmospheric patterns such as the El Niño/Southern Oscillation (ENSO), Pacific Decadal Oscillation (PDO), North Atlantic Oscillation (NAO), the Atlantic Multidecadal Oscillation (AMO), the Pacific North American (PNA), and customized sea surface temperature (SST) indices were investigated for their potential to improve streamflow forecast accuracy and increase forecast lead-time in a river basin in central Texas. First, an ordinal polytomous logistic regression approach is proposed as a means of incorporating multiple predictor variables into a probabilistic forecast model. Forecast performance is assessed through a cross-validation procedure, using distributions-oriented metrics, and implications for decision making are discussed. Results indicate that, of the predictors evaluated, only hydrologic persistence and Pacific Ocean sea surface temperature patterns associated with ENSO and PDO provide forecasts which are statistically better than climatology. Secondly, a class of data mining techniques, known as tree-structured models, is investigated to address the nonlinear dynamics of climate teleconnections and screen promising probabilistic streamflow forecast models for river-reservoir systems. Results show that the tree-structured models can effectively capture the nonlinear features hidden in the data. Skill scores of probabilistic forecasts generated by both classification trees and logistic regression trees indicate that seasonal inflows throughout the system can be predicted with sufficient accuracy to improve water management, especially in the winter and spring seasons in central Texas. Lastly, a simplified two-stage stochastic economic-optimization model was proposed to investigate improvement in water use efficiency and the potential value of using seasonal forecasts, under the assumption of optimal decision making under uncertainty. Model results demonstrate that incorporating the probabilistic inflow forecasts into the optimization model can provide a significant improvement in seasonal water contract benefits over climatology, with lower average deficits (increased reliability) for a given average contract amount, or improved mean contract benefits for a given level of reliability compared to climatology. The results also illustrate the trade-off between the expected contract amount and reliability, i.e., larger contracts can be signed at greater risk

Satellite Data and Supervised Learning to Prevent Impact of Drought on Crop Production: Meteorological Drought

Reiterated and extreme weather events pose challenges for the agricultural sector. The convergence of remote sensing and supervised learning (SL) can generate solutions for the problems arising from climate change. SL methods build from a training set a function that maps a set of variables to an output. This function can be used to predict new examples. Because they are nonparametric, these methods can mine large quantities of satellite data to capture the relationship between climate variables and crops, or successfully replace autoregressive integrated moving average (ARIMA) models to forecast the weather. Agricultural indices (AIs) reflecting the soil water conditions that influence crop conditions are costly to monitor in terms of time and resources. So, under certain circumstances, meteorological indices can be used as substitutes for AIs. We discuss meteorological indexes and review SL approaches that are suitable for predicting drought based on historical satellite data. We also include some illustrative case studies. Finally, we will survey rainfall products existing at the web and some alternatives to process the data: from high-performance computing systems able to process terabyte-scale datasets to open source software enabling the use of personal computers

Smart models to improve agrometeorological estimations and predictions

La población mundial, en continuo crecimiento, alcanzará de forma estimada los 9,7 mil millones de habitantes en el 2050. Este incremento, combinado con el aumento en los estándares de vida y la situación de emergencia climática (aumento de la temperatura, intensificación del ciclo del agua, etc.) nos enfrentan al enorme desafío de gestionar de forma sostenible los cada vez más escasos recursos disponibles. El sector agrícola tiene que afrontar retos tan importantes como la mejora en la gestión de los recursos naturales, la reducción de la degradación medioambiental o la seguridad alimentaria y nutricional. Todo ello condicionado por la escasez de agua y las condiciones de aridez: factores limitantes en la producción de cultivos. Para garantizar una producción agrícola sostenible bajo estas condiciones, es necesario que todas las decisiones que se tomen estén basadas en el conocimiento, la innovación y la digitalización de la agricultura de forma que se garantice la resiliencia de los agroecosistemas, especialmente en entornos áridos, semi-áridos y secos sub-húmedos en los que el déficit de agua es estructural. Por todo esto, el presente trabajo se centra en la mejora de la precisión de los actuales modelos agrometeorológicos, aplicando técnicas de inteligencia artificial. Estos modelos pueden proporcionar estimaciones y predicciones precisas de variables clave como la precipitación, la radiación solar y la evapotranspiración de referencia. A partir de ellas, es posible favorecer estrategias agrícolas más sostenibles, gracias a la posibilidad de reducir el consumo de agua y energía, por ejemplo. Además, se han reducido el número de mediciones requeridas como parámetros de entrada para estos modelos, haciéndolos más accesibles y aplicables en áreas rurales y países en desarrollo que no pueden permitirse el alto costo de la instalación, calibración y mantenimiento de estaciones meteorológicas automáticas completas. Este enfoque puede ayudar a proporcionar información valiosa a los técnicos, agricultores, gestores y responsables políticos de la planificación hídrica y agraria en zonas clave. Esta tesis doctoral ha desarrollado y validado nuevas metodologías basadas en inteligencia artificial que han ser vido para mejorar la precision de variables cruciales en al ámbito agrometeorológico: precipitación, radiación solar y evapotranspiración de referencia. En particular, se han modelado sistemas de predicción y rellenado de huecos de precipitación a diferentes escalas utilizando redes neuronales. También se han desarrollado modelos de estimación de radiación solar utilizando exclusivamente parámetros térmicos y validados en zonas con características climáticas similares a lugar de entrenamiento, sin necesidad de estar geográficamente en la misma región o país. Analógamente, se han desarrollado modelos de estimación y predicción de evapotranspiración de referencia a nivel local y regional utilizando también solamente datos de temperatura para todo el proceso: regionalización, entrenamiento y validación. Y finalmente, se ha creado una librería de Python de código abierto a nivel internacional (AgroML) que facilita el proceso de desarrollo y aplicación de modelos de inteligencia artificial, no solo enfocadas al sector agrometeorológico, sino también a cualquier modelo supervisado que mejore la toma de decisiones en otras áreas de interés.The world population, which is constantly growing, is estimated to reach 9.7 billion people in 2050. This increase, combined with the rise in living standards and the climate emergency situation (increase in temperature, intensification of the water cycle, etc.), presents us with the enormous challenge of managing increasingly scarce resources in a sustainable way. The agricultural sector must face important challenges such as improving natural resource management, reducing environmental degradation, and ensuring food and nutritional security. All of this is conditioned by water scarcity and aridity, limiting factors in crop production. To guarantee sustainable agricultural production under these conditions, it is necessary to based all the decision made on knowledge, innovation, and the digitization of agriculture to ensure the resilience of agroecosystems, especially in arid, semi-arid, and sub-humid dry environments where water deficit is structural. Therefore, this work focuses on improving the precision of current agrometeorological models by applying artificial intelligence techniques. These models can provide accurate estimates and predictions of key variables such as precipitation, solar radiation, and reference evapotranspiration. This way, it is possible to promote more sustainable agricultural strategies by reducing water and energy consumption, for example. In addition, the number of measurements required as input parameters for these models has been reduced, making them more accessible and applicable in rural areas and developing countries that cannot afford the high cost of installing, calibrating, and maintaining complete automatic weather stations. This approach can help provide valuable information to technicians, farmers, managers, and policy makers in key wáter and agricultural planning areas. This doctoral thesis has developed and validated new methodologies based on artificial intelligence that have been used to improve the precision of crucial variables in the agrometeorological field: precipitation, solar radiation, and reference evapotranspiration. Specifically, prediction systems and gap-filling models for precipitation at different scales have been modeled using neural networks. Models for estimating solar radiation using only thermal parameters have also been developed and validated in areas with similar climatic characteristics to the training location, without the need to be geographically in the same region or country. Similarly, models for estimating and predicting reference evapotranspiration at the local and regional level have been developed using only temperature data for the entire process: regionalization, training, and validation. Finally, an internationally open-source Python library (AgroML) has been created to facilitate the development and application of artificial intelligence models, not only focused on the agrometeorological sector but also on any supervised model that improves decision-making in other areas of interest

A novel framework for addressing uncertainties in machine learning-based geospatial approaches for flood prediction

Globally, many studies on machine learning (ML)-based flood susceptibility modeling have been carried out in recent years. While majority of those models produce reasonably accurate flood predictions, the outcomes are subject to uncertainty since flood susceptibility models (FSMs) may produce varying spatial predictions. However, there have not been many attempts to address these uncertainties because identifying spatial agreement in flood projections is a complex process. This study presents a framework for reducing spatial disagreement among four standalone and hybridized ML-based FSMs: random forest (RF), k-nearest neighbor (KNN), multilayer perceptron (MLP), and hybridized genetic algorithm-gaussian radial basis function-support vector regression (GA-RBF-SVR). Besides, an optimized model was developed combining the outcomes of those four models. The southwest coastal region of Bangladesh was selected as the case area. A comparable percentage of flood potential area (approximately 60% of the total land areas) was produced by all ML-based models. Despite achieving high prediction accuracy, spatial discrepancy in the model outcomes was observed, with pixel-wise correlation coefficients across different models ranging from 0.62 to 0.91. The optimized model exhibited high prediction accuracy and improved spatial agreement by reducing the number of classification errors. The framework presented in this study might aid in the formulation of risk-based development plans and enhancement of current early warning systems

Air temperature forecasting using machine learning techniques: a review

Efforts to understand the influence of historical climate change, at global and regional levels, have been increasing over the past decade. In particular, the estimates of air temperatures have been considered as a key factor in climate impact studies on agricultural, ecological, environmental, and industrial sectors. Accurate temperature prediction helps to safeguard life and property, playing an important role in planning activities for the government, industry, and the public. The primary aim of this study is to review the different machine learning strategies for temperature forecasting, available in the literature, presenting their advantages and disadvantages and identifying research gaps. This survey shows that Machine Learning techniques can help to accurately predict temperatures based on a set of input features, which can include the previous values of temperature, relative humidity, solar radiation, rain and wind speed measurements, among others. The review reveals that Deep Learning strategies report smaller errors (Mean Square Error = 0.0017 °K) compared with traditional Artificial Neural Networks architectures, for 1 step-ahead at regional scale. At the global scale, Support Vector Machines are preferred based on their good compromise between simplicity and accuracy. In addition, the accuracy of the methods described in this work is found to be dependent on inputs combination, architecture, and learning algorithms. Finally, further research areas in temperature forecasting are outlined