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Handling Forecasting Problems Based on Two-Factor High-Order Fuzzy Time Series and Particle Swarm Optimization

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Advances in Engineering Research and Application (ICERA 2019)

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Abstract

In real time, an observation series can depend on and be affected by many different observations. Therefore, to forecast more accurately, it is necessary to consider adding multi factors that have potential correlations in the model. This study proposes a new forecasting model based on two - factor high - order fuzzy time series (FTS) combined with particle swarm optimization (PSO) for forecasting the daily average temperature and forecasting car road accidents. Different from some previous models, in the proposed model, time - variant high-order fuzzy logical relationship groups are built to be used in the forecasting process. While, PSO is still used to find the optimal interval in the universe of discourse of each factor. Two data sets of weather temperatures and annual road traffic accidents with corresponding factors “Temperature”, “Cloud density” and “Killed”, “Mortally wounded”, respectively are selected to demonstrate the effectiveness of the proposed model and compare it with existing models. The experimental results show that the proposed model has better forecasting accuracy than previous forecasting models based on two-factor high-order FTS.

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Correspondence to Nghiem Van Tinh .

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Tinh, N.V., Duy, N.T. (2020). Handling Forecasting Problems Based on Two-Factor High-Order Fuzzy Time Series and Particle Swarm Optimization. In: Sattler, KU., Nguyen, D., Vu, N., Tien Long, B., Puta, H. (eds) Advances in Engineering Research and Application. ICERA 2019. Lecture Notes in Networks and Systems, vol 104. Springer, Cham. https://doi.org/10.1007/978-3-030-37497-6_45

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