scholarly journals Do the Hype of the Benefits from Using New Data Science Tools Extend to Forecasting Extremely Volatile Assets?

Author(s):  
Steven F. Lehrer ◽  
Tian Xie ◽  
Guanxi Yi

AbstractThis chapter first provides an illustration of the benefits of using machine learning for forecasting relative to traditional econometric strategies. We consider the short-term volatility of the Bitcoin market by realized volatility observations. Our analysis highlights the importance of accounting for nonlinearities to explain the gains of machine learning algorithms and examines the robustness of our findings to the selection of hyperparameters. This provides an illustration of how different machine learning estimators improve the development of forecast models by relaxing the functional form assumptions that are made explicit when writing up an econometric model. Our second contribution is to illustrate how deep learning can be used to measure market-level sentiment from a 10% random sample of Twitter users. This sentiment variable significantly improves forecast accuracy for every econometric estimator and machine algorithm considered in our forecasting application. This provides an illustration of the benefits of new tools from the natural language processing literature at creating variables that can improve the accuracy of forecasting models.

Procedia CIRP ◽  
2021 ◽  
Vol 96 ◽  
pp. 272-277
Author(s):  
Hannah Lickert ◽  
Aleksandra Wewer ◽  
Sören Dittmann ◽  
Pinar Bilge ◽  
Franz Dietrich

2020 ◽  
Vol 7 (10) ◽  
pp. 380-389
Author(s):  
Asogwa D.C ◽  
Anigbogu S.O ◽  
Anigbogu G.N ◽  
Efozia F.N

Author's age prediction is the task of determining the author's age by studying the texts written by them. The prediction of author’s age can be enlightening about the different trends, opinions social and political views of an age group. Marketers always use this to encourage a product or a service to an age group following their conveyed interests and opinions. Methodologies in natural language processing have made it possible to predict author’s age from text by examining the variation of linguistic characteristics. Also, many machine learning algorithms have been used in author’s age prediction. However, in social networks, computational linguists are challenged with numerous issues just as machine learning techniques are performance driven with its own challenges in realistic scenarios. This work developed a model that can predict author's age from text with a machine learning algorithm (Naïve Bayes) using three types of features namely, content based, style based and topic based. The trained model gave a prediction accuracy of 80%.


Author(s):  
Rashida Ali ◽  
Ibrahim Rampurawala ◽  
Mayuri Wandhe ◽  
Ruchika Shrikhande ◽  
Arpita Bhatkar

Internet provides a medium to connect with individuals of similar or different interests creating a hub. Since a huge hub participates on these platforms, the user can receive a high volume of messages from different individuals creating a chaos and unwanted messages. These messages sometimes contain a true information and sometimes false, which leads to a state of confusion in the minds of the users and leads to first step towards spam messaging. Spam messages means an irrelevant and unsolicited message sent by a known/unknown user which may lead to a sense of insecurity among users. In this paper, the different machine learning algorithms were trained and tested with natural language processing (NLP) to classify whether the messages are spam or ham.


Author(s):  
Prof. Dr. R. Sandhiya

In recent times, the diagnosis of heart disease has become a very critical task in the medical field. In the modern age, one person dies every minute due to heart disease. Data science has an important role in processing big amounts of data in the field of health sciences. Since the diagnosis of heart disease is a complex task, the assessment process should be automated to avoid the risks associated with it and alert the patient in advance. This paper uses the heart disease dataset available in the UCI Machine Learning Repository. The proposed work assesses the risk of heart disease in a patient by applying various data mining methods such as Naive Bayes, Decision Tree, KNN, Linear SVM, RBF SVM, Gaussian Process, Neural Network, Adabost, QDA and Random Forest. This paper provides a comparative study by analyzing the performance of various machine learning algorithms. Test results confirm that the KNN algorithm achieved the highest 97% accuracy compared to other implemented ML algorithms.


Author(s):  
P. Priakanth ◽  
S. Gopikrishnan

The idea of an intelligent, independent learning machine has fascinated humans for decades. The philosophy behind machine learning is to automate the creation of analytical models in order to enable algorithms to learn continuously with the help of available data. Since IoT will be among the major sources of new data, data science will make a great contribution to make IoT applications more intelligent. Machine learning can be applied in cases where the desired outcome is known (guided learning) or the data is not known beforehand (unguided learning) or the learning is the result of interaction between a model and the environment (reinforcement learning). This chapter answers the questions: How could machine learning algorithms be applied to IoT smart data? What is the taxonomy of machine learning algorithms that can be adopted in IoT? And what are IoT data characteristics in real-world which requires data analytics?


Author(s):  
Saugata Bose ◽  
Ritambhra Korpal

In this chapter, an initiative is proposed where natural language processing (NLP) techniques and supervised machine learning algorithms have been combined to detect external plagiarism. The major emphasis is on to construct a framework to detect plagiarism from monolingual texts by implementing n-gram frequency comparison approach. The framework is based on 120 characteristics which have been extracted during pre-processing steps using simple NLP approach. Afterward, filter metrics has been applied to select most relevant features and supervised classification learning algorithm has been used later to classify the documents in four levels of plagiarism. Then, confusion matrix was built to estimate the false positives and false negatives. Finally, the authors have shown C4.5 decision tree-based classifier's suitability on calculating accuracy over naive Bayes. The framework achieved 89% accuracy with low false positive and false negative rate and it shows higher precision and recall value comparing to passage similarities method, sentence similarity method, and search space reduction method.


Author(s):  
R. Suganya ◽  
Rajaram S. ◽  
Kameswari M.

Currently, thyroid disorders are more common and widespread among women worldwide. In India, seven out of ten women are suffering from thyroid problems. Various research literature studies predict that about 35% of Indian women are examined with prevalent goiter. It is very necessary to take preventive measures at its early stages, otherwise it causes infertility problem among women. The recent review discusses various analytics models that are used to handle different types of thyroid problems in women. This chapter is planned to analyze and compare different classification models, both machine learning algorithms and deep leaning algorithms, to classify different thyroid problems. Literature from both machine learning and deep learning algorithms is considered. This literature review on thyroid problems will help to analyze the reason and characteristics of thyroid disorder. The dataset used to build and to validate the algorithms was provided by UCI machine learning repository.


Author(s):  
Shatakshi Singh ◽  
Kanika Gautam ◽  
Prachi Singhal ◽  
Sunil Kumar Jangir ◽  
Manish Kumar

The recent development in artificial intelligence is quite astounding in this decade. Especially, machine learning is one of the core subareas of AI. Also, ML field is an incessantly growing along with evolution and becomes a rise in its demand and importance. It transmogrified the way data is extracted, analyzed, and interpreted. Computers are trained to get in a self-training mode so that when new data is fed they can learn, grow, change, and develop themselves without explicit programming. It helps to make useful predictions that can guide better decisions in a real-life situation without human interference. Selection of ML tool is always a challenging task, since choosing an appropriate tool can end up saving time as well as making it faster and easier to provide any solution. This chapter provides a classification of various machine learning tools on the following aspects: for non-programmers, for model deployment, for Computer vision, natural language processing, and audio for reinforcement learning and data mining.


2012 ◽  
pp. 13-22 ◽  
Author(s):  
João Gama ◽  
André C.P.L.F. de Carvalho

Machine learning techniques have been successfully applied to several real world problems in areas as diverse as image analysis, Semantic Web, bioinformatics, text processing, natural language processing,telecommunications, finance, medical diagnosis, and so forth. A particular application where machine learning plays a key role is data mining, where machine learning techniques have been extensively used for the extraction of association, clustering, prediction, diagnosis, and regression models. This text presents our personal view of the main aspects, major tasks, frequently used algorithms, current research, and future directions of machine learning research. For such, it is organized as follows: Background information concerning machine learning is presented in the second section. The third section discusses different definitions for Machine Learning. Common tasks faced by Machine Learning Systems are described in the fourth section. Popular Machine Learning algorithms and the importance of the loss function are commented on in the fifth section. The sixth and seventh sections present the current trends and future research directions, respectively.


Author(s):  
João Gama ◽  
André C.P.L.F. de Carvalho

Machine learning techniques have been successfully applied to several real world problems in areas as diverse as image analysis, Semantic Web, bioinformatics, text processing, natural language processing,telecommunications, finance, medical diagnosis, and so forth. A particular application where machine learning plays a key role is data mining, where machine learning techniques have been extensively used for the extraction of association, clustering, prediction, diagnosis, and regression models. This text presents our personal view of the main aspects, major tasks, frequently used algorithms, current research, and future directions of machine learning research. For such, it is organized as follows: Background information concerning machine learning is presented in the second section. The third section discusses different definitions for Machine Learning. Common tasks faced by Machine Learning Systems are described in the fourth section. Popular Machine Learning algorithms and the importance of the loss function are commented on in the fifth section. The sixth and seventh sections present the current trends and future research directions, respectively.


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