scholarly journals MULTI-SOURCE MODEL OF HETEROGENEOUS DATA ANALYSIS FOR OIL PRICE FORECASTING

2021 ◽  
Vol 11 (2) ◽  
pp. 384-391
Author(s):  
Pavel Baboshkin ◽  
Mafura Uandykova
2020 ◽  
Vol 4 ◽  
pp. 97-100
Author(s):  
A.P. Pronichev ◽  

The article discusses the architecture of a system for collecting and analyzing heterogeneous data from social networks. This architecture is a distributed system of subsystem modules, each of which is responsible for a separate task. The system also allows you to use external systems for data analysis, providing the necessary interface abstraction for connection. This allows for more flexible customization of the data analysis process and reduces development, implementation and support costs.


2015 ◽  
Vol 7 (5) ◽  
pp. 127-136 ◽  
Author(s):  
Yumurtaci Aydo mu Hacer ◽  
Ekinci Aykut ◽  
Erdal Halil ◽  
Erdal Hamit

Crude oil price forecasting is an essential component of sustainable development of many countries as crude oil is an unavoidable product that exists on earth. In this paper, a model based on a hidden Markov model and Markov model for crude oil price forecasting was developed, and their relative performance was compared. Path analysis of Structural Equation Modelling was employed to model the effects of forecasted prices and the actual crude oil price to get the most accurate forecast. The key variables used to develop the models were monthly crude oil prices s from PETRONAS Malaysia. It was found that the hidden Markov model was more accurate than the Markov model in forecasting the crude oil price. The findings of this study show that the hidden Markov model is a potentially promising method of crude oil price forecasting that merit further study.


Author(s):  
Wolfram Höpken ◽  
Matthias Fuchs ◽  
Maria Lexhagen

The objective of this chapter is to address the above deficiencies in tourism by presenting the concept of the tourism knowledge destination – a specific knowledge management architecture that supports value creation through enhanced supplier interaction and decision making. Information from heterogeneous data sources categorized into explicit feedback (e.g. tourist surveys, user ratings) and implicit information traces (navigation, transaction and tracking data) is extracted by applying semantic mapping, wrappers or text mining (Lau et al., 2005). Extracted data are stored in a central data warehouse enabling a destination-wide and all-stakeholder-encompassing data analysis approach. By using machine learning techniques interesting patterns are detected and knowledge is generated in the form of validated models (e.g. decision trees, neural networks, association rules, clustering models). These models, together with the underlying data (in the case of exploratory data analysis) are interactively visualized and made accessible to destination stakeholders.


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