scholarly journals Forecasting of Air Passengers using ARIMA Modeling

2019 ◽  
Vol 8 (11S) ◽  
pp. 1050-1054
Keyword(s):  
Machine Learning ◽  
Time Series ◽  
Autocorrelation Function ◽  
Arima Model ◽  
Machine Learning Techniques ◽  
Learning Techniques ◽  
Forecasting Method ◽  
Partial Autocorrelation Function ◽  
Time Series Method ◽  
Arima Modeling

Air passengers prediction is said to be the centre of gravity of the growth. With people on the move constantly, there is bound to be some dissatisfaction amongst the customers which could be due to various reason, varying from overbooking of flights to ground operations. This dissatisfaction can be controlled till a limit, in ballpark figuring. In the past, this has been done using various machine learning techniques. For this prediction, in this project, ARIMA Modeling is used which is a time series forecasting method, based on machine learning. To test the stationarity of the data, which is done using Dickey Fuller test. If the data is stationary, it is fit into the ARIMA Model. If the data isn’t stationary, it is made stationary by differencing or by logarithmic transformation. The logarithmic method to make the data stationary. Once the data is stationary, using the Partial autocorrelation function and the autocorrelation function, values of p and q are found, which are required in the time series method. These values are then fit into the ARIMA Modeling and hence, the results are predicted. Upon the use and fitting of various models, the ARIMA(2,1,2) has been the best fit, having the least RMS and RMSE values.

Metaheuristic based MLP-SARIMAX HybridizationOne Hour Ahead Solar Radiation Forecasting

2021 ◽  
Author(s):  
Hugo Abreu Mendes ◽  
João Fausto Lorenzato Oliveira ◽  
Paulo Salgado Gomes Mattos Neto ◽  
Alex Coutinho Pereira ◽  
Eduardo Boudoux Jatoba ◽  
...  
Keyword(s):  
Machine Learning ◽  
Genetic Algorithm ◽  
Time Series ◽  
Solar Radiation ◽  
Statistical Models ◽  
Clean Energy ◽  
Machine Learning Techniques ◽  
Exogenous Variables ◽  
Learning Techniques ◽  
Photovoltaic Plants

Within the context of clean energy generation, solar radiation forecast is applied for photovoltaic plants to increase maintainability and reliability. Statistical models of time series like ARIMA and machine learning techniques help to improve the results. Hybrid Statistical + ML are found in all sorts of time series forecasting applications. This work presents a new way to automate the SARIMAX modeling, nesting PSO and ACO optimization algorithms, differently from R's AutoARIMA, its searches optimal seasonality parameter and combination of the exogenous variables available. This work presents 2 distinct hybrid models that have MLPs as their main elements, optimizing the architecture with Genetic Algorithm. A methodology was used to obtain the results, which were compared to LSTM, CLSTM, MMFF and NARNN-ARMAX topologies found in recent works. The obtained results for the presented models is promising for use in automatic radiation forecasting systems since it outperformed the compared models on at least two metrics.

Predicting Daily Confirmed COVID-19 Cases in India

2021 ◽  
pp. 34-51
Author(s):  
Sudip Singh
Keyword(s):  
Time Series ◽  
Root Mean Square Error ◽  
Autocorrelation Function ◽  
Moving Average ◽  
Arima Model ◽  
Family Welfare ◽  
Mean Square ◽  
Univariate Time Series ◽  
Partial Autocorrelation Function ◽  
Auto Regressive

India, with a population of over 1.38 billion, is facing high number of daily COVID-19 confirmed cases. In this chapter, the authors have applied ARIMA model (auto-regressive integrated moving average) to predict daily confirmed COVID-19 cases in India. Detailed univariate time series analysis was conducted on daily confirmed data from 19.03.2020 to 28.07.2020, and the predictions from the model were satisfactory with root mean square error (RSME) of 7,103. Data for this study was obtained from various reliable sources, including the Ministry of Health and Family Welfare (MoHFW) and http://covid19india.org/. The model identified was ARIMA(1,1,1) based on time series decomposition, autocorrelation function (ACF), and partial autocorrelation function (PACF).

scholarly journals Self-Identification ResNet-ARIMA Forecasting Model

2020 ◽  
Vol 15 ◽  
Keyword(s):  
Time Series ◽  
Autocorrelation Function ◽  
Time Series Data ◽  
Moving Average ◽  
Arima Model ◽  
Model Identification ◽  
Series Data ◽  
Percentage Error ◽  
Forecasting Model ◽  
Partial Autocorrelation Function

The challenging endeavor of a time series forecast model is to predict the future time series data accurately. Traditionally, the fundamental forecasting model in time series analysis is the autoregressive integrated moving average model or the ARIMA model requiring a model identification of a three-component vector which are the autoregressive order, the differencing order, and the moving average order before fitting coefficients of the model via the Box-Jenkins method. A model identification is analyzed via the sample autocorrelation function and the sample partial autocorrelation function which are effective tools for identifying the ARMA order but it is quite difficult for analysts. Even though a likelihood based-method is presented to automate this process by varying the ARIMA order and choosing the best one with the smallest criteria, such as Akaike information criterion. Nevertheless the obtained ARIMA model may not pass the residual diagnostic test. This paper presents the residual neural network model, called the self-identification ResNet-ARIMA order model to automatically learn the ARIMA order from known ARIMA time series data via sample autocorrelation function, the sample partial autocorrelation function and differencing time series images. In this work, the training time series data are randomly simulated and checked for stationary and invertibility properties before they are used. The result order from the model is used to generate and fit the ARIMA model by the Box-Jenkins method for predicting future values. The whole process of the forecasting time series algorithm is called the self-identification ResNet-ARIMA algorithm. The performance of the residual neural network model is evaluated by Precision, Recall and F1-score and is compared with the likelihood basedmethod and ResNET50. In addition, the performance of the forecasting time series algorithm is applied to the real world datasets to ensure the reliability by mean absolute percentage error, symmetric mean absolute percentage error, mean absolute error and root mean square error and this algorithm is confirmed with the residual diagnostic checks by the Ljung-Box test. From the experimental results, the new methodologies of this research outperforms other models in terms of identifying the order and predicting the future values.

Applications of Artificial Intelligence in the Realm of Business Intelligence

2021 ◽  
pp. 358-386
Author(s):  
Prakhar Mehrotra
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Time Series ◽  
Natural Language Processing ◽  
Language Processing ◽  
Business Intelligence ◽  
Machine Learning Techniques ◽  
Current State ◽  
Learning Techniques ◽  
High Level

The objective of this chapter is to discuss the integration of advancements made in the field of artificial intelligence into the existing business intelligence tools. Specifically, it discusses how the business intelligence tool can integrate time series analysis, supervised and unsupervised machine learning techniques and natural language processing in it and unlock deeper insights, make predictions, and execute strategic business action from within the tool itself. This chapter also provides a high-level overview of current state of the art AI techniques and provides examples in the realm of business intelligence. The eventual goal of this chapter is to leave readers thinking about what the future of business intelligence would look like and how enterprise can benefit by integrating AI in it.

scholarly journals Time Series ARIMA Model for Prediction of Daily and Monthly Average Global Solar Radiation: The Case Study of Seoul, South Korea

Symmetry ◽  
2019 ◽  
Vol 11 (2) ◽  
pp. 240 ◽  
Author(s):  
Mohammed Alsharif ◽  
Mohammad Younes ◽  
Jeong Kim
Keyword(s):  
Time Series ◽  
Solar Radiation ◽  
South Korea ◽  
Autocorrelation Function ◽  
Moving Average ◽  
Arima Model ◽  
Sarima Model ◽  
Radiation Data ◽  
Partial Autocorrelation Function ◽  
Auto Regressive

Forecasting solar radiation has recently become the focus of numerous researchers due to the growing interest in green energy. This study aims to develop a seasonal auto-regressive integrated moving average (SARIMA) model to predict the daily and monthly solar radiation in Seoul, South Korea based on the hourly solar radiation data obtained from the Korean Meteorological Administration over 37 years (1981–2017). The goodness of fit of the model was tested against standardized residuals, the autocorrelation function, and the partial autocorrelation function for residuals. Then, model performance was compared with Monte Carlo simulations by using root mean square errors and coefficient of determination (R2) for evaluation. In addition, forecasting was conducted by using the best models with historical data on average monthly and daily solar radiation. The contributions of this study can be summarized as follows: (i) a time series SARIMA model is implemented to forecast the daily and monthly solar radiation of Seoul, South Korea in consideration of the accuracy, suitability, adequacy, and timeliness of the collected data; (ii) the reliability, accuracy, suitability, and performance of the model are investigated relative to those of established tests, standardized residual, autocorrelation function (ACF), and partial autocorrelation function (PACF), and the results are compared with those forecasted by the Monte Carlo method; and (iii) the trend of monthly solar radiation in Seoul for the coming years is analyzed and compared on the basis of the solar radiation data obtained from KMS over 37 years. The results indicate that (1,1,2) the ARIMA model can be used to represent daily solar radiation, while the seasonal ARIMA (4,1,1) of 12 lags for both auto-regressive and moving average parts can be used to represent monthly solar radiation. According to the findings, the expected average monthly solar radiation ranges from 176 to 377 Wh/m2.

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