3,015 research outputs found
Power System Parameters Forecasting Using Hilbert-Huang Transform and Machine Learning
A novel hybrid data-driven approach is developed for forecasting power system
parameters with the goal of increasing the efficiency of short-term forecasting
studies for non-stationary time-series. The proposed approach is based on mode
decomposition and a feature analysis of initial retrospective data using the
Hilbert-Huang transform and machine learning algorithms. The random forests and
gradient boosting trees learning techniques were examined. The decision tree
techniques were used to rank the importance of variables employed in the
forecasting models. The Mean Decrease Gini index is employed as an impurity
function. The resulting hybrid forecasting models employ the radial basis
function neural network and support vector regression. Apart from introduction
and references the paper is organized as follows. The section 2 presents the
background and the review of several approaches for short-term forecasting of
power system parameters. In the third section a hybrid machine learning-based
algorithm using Hilbert-Huang transform is developed for short-term forecasting
of power system parameters. Fourth section describes the decision tree learning
algorithms used for the issue of variables importance. Finally in section six
the experimental results in the following electric power problems are
presented: active power flow forecasting, electricity price forecasting and for
the wind speed and direction forecasting
European exchange trading funds trading with locally weighted support vector regression
In this paper, two different Locally Weighted Support Vector Regression (wSVR) algorithms are generated and applied to the task of forecasting and trading five European Exchange Traded Funds. The trading application covers the recent European Monetary Union debt crisis. The performance of the proposed models is benchmarked against traditional Support Vector Regression (SVR) models. The Radial Basis Function, the Wavelet and the Mahalanobis kernel are explored and tested as SVR kernels. Finally, a novel statistical SVR input selection procedure is introduced based on a principal component analysis and the Hansen, Lunde, and Nason (2011) model confidence test. The results demonstrate the superiority of the wSVR models over the traditional SVRs and of the v-SVR over the ε-SVR algorithms. We note that the performance of all models varies and considerably deteriorates in the peak of the debt crisis. In terms of the kernels, our results do not confirm the belief that the Radial Basis Function is the optimum choice for financial series
Forecasting of financial data: a novel fuzzy logic neural network based on error-correction concept and statistics
First, this paper investigates the effect of good and bad news on volatility in the BUX return time series using asymmetric ARCH models. Then, the accuracy of forecasting models based on statistical (stochastic), machine learning methods, and soft/granular RBF network is investigated. To forecast the high-frequency financial data, we apply statistical ARMA and asymmetric GARCH-class models. A novel RBF network architecture is proposed based on incorporation of an error-correction mechanism, which improves forecasting ability of feed-forward neural networks. These proposed modelling approaches and SVM models are applied to predict the high-frequency time series of the BUX stock index. We found that it is possible to enhance forecast accuracy and achieve significant risk reduction in managerial decision making by applying intelligent forecasting models based on latest information technologies. On the other hand, we showed that statistical GARCH-class models can identify the presence of leverage effects, and react to the good and bad news.Web of Science421049
A hybrid neuro--wavelet predictor for QoS control and stability
For distributed systems to properly react to peaks of requests, their
adaptation activities would benefit from the estimation of the amount of
requests. This paper proposes a solution to produce a short-term forecast based
on data characterising user behaviour of online services. We use \emph{wavelet
analysis}, providing compression and denoising on the observed time series of
the amount of past user requests; and a \emph{recurrent neural network} trained
with observed data and designed so as to provide well-timed estimations of
future requests. The said ensemble has the ability to predict the amount of
future user requests with a root mean squared error below 0.06\%. Thanks to
prediction, advance resource provision can be performed for the duration of a
request peak and for just the right amount of resources, hence avoiding
over-provisioning and associated costs. Moreover, reliable provision lets users
enjoy a level of availability of services unaffected by load variations
NARX-based nonlinear system identification using orthogonal least squares basis hunting
An orthogonal least squares technique for basis hunting (OLS-BH) is proposed to construct sparse radial basis function (RBF) models for NARX-type nonlinear systems. Unlike most of the existing RBF or kernel modelling methods, whichplaces the RBF or kernel centers at the training input data points and use a fixed common variance for all the regressors, the proposed OLS-BH technique tunes the RBF center and diagonal covariance matrix of individual regressor by minimizing the training mean square error. An efficient optimization method isadopted for this basis hunting to select regressors in an orthogonal forward selection procedure. Experimental results obtained using this OLS-BH technique demonstrate that it offers a state-of-the-art method for constructing parsimonious RBF models with excellent generalization performance
The efficacy of using data mining techniques in predicting academic performance of architecture students.
In recent years, there has been a tremendous increase in the number of applicants seeking placement in the undergraduate architecture programme. It is important to identify new intakes who possess the capability to succeed during the selection phase of admission at universities. Admission variable (i.e. prior academic achievement) is one of the most important criteria considered during selection process. The present study investigates the efficacy of using data mining techniques to predict academic performance of architecture student based on information contained in prior academic achievement.
The input variables, i.e. prior academic achievement, were extracted from students' academic records. Logistic regression and support vector machine (SVM) are the data mining techniques adopted in this study. The collected data was divided into two parts. The first part was used for training the model, while the other part was used to evaluate the predictive accuracy of the developed models.
The results revealed that SVM model outperformed the logistic regression model in terms of accuracy. Taken together, it is evident that prior academic achievement are good predictors of academic performance of architecture students.
Although the factors affecting academic performance of students are numerous, the present study focuses on the effect of prior academic achievement on academic performance of architecture students.
The developed SVM model can be used a decision-making tool for selecting new intakes into the architecture program at Nigerian universities
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