Forecasting inflation in G-7 countries: an application of artificial neural network

foresight ◽  
2015 ◽  
Vol 17 (1) ◽  
pp. 63-73 ◽  
Author(s):  
Sanjeev Gupta ◽  
Sachin Kashyap
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
Price Index ◽  
Consumer Price Index ◽  
Suitable Model ◽  
Neural Network Models ◽  
Policy Makers ◽  
Content Type ◽  
Artificial Neural ◽  
Forecasting Inflation

Purpose – The paper aims to evaluate different artificial neural network models and to suggest a suitable model for forecasting inflation in G-7 countries. Design/methodology/approach – The study applies different combinations of neural networks with hyperbolic tangent function using backpropagation learning with the steepest gradient descent technique to monthly data on Consumer Price Index (a measure of inflation) of the USA, the UK, France, Germany, Italy, Japan and Canada. Findings – Predictions of inflation based on the Consumer Price Index for all the seven countries divulged that it is expected that the rate of inflation will decline marginally in the near future. Practical implications – The results proposed in this study will be a benchmark for policy-makers, economists and practitioners to forecast inflation and design policies accordingly. Originality/value – The paper’s findings provide strong evidence for policy-makers that while constructing models for forecasting inflation, the suggested models can be used to track the future rates of inflation and, further, they can apply that model in framing policies.

Artificial neural network and regression models for prediction of sewing thread consumption for multilayered fabric assembly at lockstitch 301 seam

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Md Vaseem Chavhan ◽  
M. Ramesh Naidu ◽  
Hayavadana Jamakhandi
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
Regression Model ◽  
Regression Models ◽  
Network Models ◽  
Quadratic Regression ◽  
Neural Network Models ◽  
Content Type ◽  
Sewing Thread ◽  
Artificial Neural

Purpose This paper aims to propose the artificial neural network (ANN) and regression models for the estimation of the thread consumption at multilayered seam assembly stitched with lock stitch 301. Design/methodology/approach In the present study, the generalized regression and neural network models are developed by considering the fabric types: woven, nonwoven and multilayer combination thereof, with basic sewing parameters: sewing thread linear density, stitch density, needle count and fabric assembly thickness. The network with feed-forward backpropagation is considered to build the ANN, and the training function trainlm of MATLAB software is used to adjust weight and basic values according to the optimization of Levenberg Marquardt. The performance of networks measured in terms of the mean squared error and the layer output is set according to the sigmoid transfer function. Findings The proposed ANN and regression model are able to predict the thread consumption with more accuracy for multilayered seam assembly. The predictability of thread consumption from available geometrical models, regression models and industrial empirical techniques are compared with proposed linear regression, quadratic regression and neural network models. The proposed quadratic regression model showed a good correlation with practical thread consumption value and more accuracy in prediction with an overall 4.3% error, as compared to other techniques for given multilayer substrates. Further, the developed ANN network showed good accuracy in the prediction of thread consumption. Originality/value The estimation of thread consumed while stitching is the prerequisite of the garment industry for inventory management especially with the introduction of the costly high-performance sewing thread. In practice, different types of fabrics are stitched at multilayer combinations at different locations of the stitched product. The ANN and regression models are developed for multilayered seam assembly of woven and nonwoven fabric blend composition for better prediction of thread consumption.

Predicting the behavior of welded angle connections in fire using artificial neural network

2018 ◽  
Vol 9 (1) ◽  
pp. 28-52 ◽  
Author(s):  
Amir Saedi Daryan ◽  
Mahmood Yahyai
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
High Accuracy ◽  
Temperature Behavior ◽  
Neural Network Models ◽  
Content Type ◽  
Artificial Neural ◽  
The Moment ◽  
In Fire ◽  
Very High

Purpose This paper aims to predicting the behavior of welded angle connections (moment-rotation-temperature) in fire using artificial neural network 10. Design/methodology/approach An artificial neural networking model is described to predict the moment-rotation response of semi-rigid beam-to-column joints at elevated temperature. Findings Data from 47 experimental fire tests and verified finite element model are used for training and testing and validating the neural network models. The model’s predicted values are compared with actual test results. The results indicate that the models can predict the moment-rotation-temperature behavior of semi-rigid beam-to-column joints with very high accuracy. The developed model can be modified easily to investigate other parameters that influence the performance of joints in fire. Originality/value The results indicate that the models can predict the moment-rotation-temperature behavior of semi-rigid beam-to-column joints with very high accuracy. The developed model can be modified easily to investigate other parameters that influence the performance of joints in fire.

scholarly journals Prediction of Stress in Power Transformer Winding Conductors Using Artificial Neural Networks: Hyperparameter Analysis

Energies ◽  
2021 ◽  
Vol 14 (14) ◽  
pp. 4242
Author(s):  
Fausto Valencia ◽  
Hugo Arcos ◽  
Franklin Quilumba
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
Finite Element ◽  
Power Transformer ◽  
Network Models ◽  
Activation Function ◽  
Neural Network Models ◽  
Transformer Winding ◽  
Artificial Neural ◽  
Femm Software

The purpose of this research is the evaluation of artificial neural network models in the prediction of stresses in a 400 MVA power transformer winding conductor caused by the circulation of fault currents. The models were compared considering the training, validation, and test data errors’ behavior. Different combinations of hyperparameters were analyzed based on the variation of architectures, optimizers, and activation functions. The data for the process was created from finite element simulations performed in the FEMM software. The design of the Artificial Neural Network was performed using the Keras framework. As a result, a model with one hidden layer was the best suited architecture for the problem at hand, with the optimizer Adam and the activation function ReLU. The final Artificial Neural Network model predictions were compared with the Finite Element Method results, showing good agreement but with a much shorter solution time.

scholarly journals PSIII-5 Comparison of Bivariate Machine Learning and Linear Model for Genomic Prediction with Different Heritability, QTL and SNP Panel Scenarios

2020 ◽  
Vol 98 (Supplement_4) ◽  
pp. 230-231
Author(s):  
Sunday O Peters ◽  
Mahmut Sinecan ◽  
Kadir Kizilkaya ◽  
Milt Thomas
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
Normal Distribution ◽  
Genomic Prediction ◽  
Network Models ◽  
Bivariate Normal Distribution ◽  
Snp Markers ◽  
Neural Network Models ◽  
Bivariate Normal ◽  
Artificial Neural

Abstract This simulation study used actual SNP genotypes on the first chromosome of Brangus beef cattle to simulate 0.50 genetically correlated two traits with heritabilities of 0.25 and 0.50 determined either by 50, 100, 250 or 500 QTL and then aimed to compare the accuracies of genomic prediction from bivariate linear and artificial neural network with 1 to 10 neurons models based on G genomic relationship matrix. QTL effects of 50, 100, 250 and 500 SNPs from the 3361 SNPs of 719 animals were sampled from a bivariate normal distribution. In each QTL scenario, the breeding values (Σgijβj) of animal i for two traits were generated by using genotype (gij) of animal i at QTL j and the effects (βj) of QTL j from a bivariate normal distribution. Phenotypic values of animal i for traits were generated by adding residuals from a bivariate normal distribution to the breeding values of animal i. Genomic predictions for traits were carried out by bivariate Feed Forward MultiLayer Perceptron ANN-1–10 neurons and linear (GBLUP) models. Three sets of SNP panels were used for genomic prediction: only QTL genotypes (Panel1), all SNP markers, including the QTL (Panel2), and all SNP markers, excluding the QTL (Panel3). Correlations from 10-fold cross validation for traits were used to assess predictive ability of bivariate linear (GBLUP) and artificial neural network models based on 4 QTL scenarios with 3 Panels of SNP panels. Table 1 shows that the trait with high heritability (0.50) resulted in higher correlation than the trait with low heritability (0.25) in bivariate linear (GBLUP) and artificial neural network models. However, bivariate linear (GBLUP) model produced higher correlation than bivariate neural network. Panel1 performed the best correlations for all QTL scenarios, then Panel2 including QTL and SNP markers resulted in better prediction than Panel3.

Automatic Electrocardiographic Analysis Using Artificial Neural Network Models

2011 ◽  
Vol 403-408 ◽  
pp. 3587-3593
Author(s):  
T.V.K. Hanumantha Rao ◽  
Saurabh Mishra ◽  
Sudhir Kumar Singh
Keyword(s):  
Neural Network ◽  
Artificial Neural Network ◽  
Radial Basis Function ◽  
Basis Function ◽  
Network Models ◽  
Neural Network Models ◽  
Radial Basis ◽  
Artificial Neural ◽  
Artificial Neural Network Models ◽  
Self Organizing

In this paper, the artificial neural network method was used for Electrocardiogram (ECG) pattern analysis. The analysis of the ECG can benefit from the wide availability of computing technology as far as features and performances as well. This paper presents some results achieved by carrying out the classification tasks by integrating the most common features of ECG analysis. Four types of ECG patterns were chosen from the MIT-BIH database to be recognized, including normal sinus rhythm, long term atrial fibrillation, sudden cardiac death and congestive heart failure. The R-R interval features were performed as the characteristic representation of the original ECG signals to be fed into the neural network models. Two types of artificial neural network models, SOM (Self- Organizing maps) and RBF (Radial Basis Function) networks were separately trained and tested for ECG pattern recognition and experimental results of the different models have been compared. The trade-off between the time consuming training of artificial neural networks and their performance is also explored. The Radial Basis Function network exhibited the best performance and reached an overall accuracy of 93% and the Kohonen Self- Organizing map network reached an overall accuracy of 87.5%.

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