• Title/Summary/Keyword: Time-series data prediction

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The Effect of the Reduction in the Interest Rate Due to COVID-19 on the Transaction Prices and the Rental Prices of the House

  • KIM, Ju-Hwan;LEE, Sang-Ho
    • The Journal of Industrial Distribution & Business
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    • v.11 no.8
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    • pp.31-38
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    • 2020
  • Purpose: This study uses 'Autoregressive Integrated Moving Average Model' to predict the impact of a sharp drop in the base rate due to COVID-19 at the present time when government policies for stabilizing house prices are in progress. The purpose of this study is to predict implications for the direction of the government's house policy by predicting changes in house transaction prices and house rental prices after a sharp cut in the base rate. Research design, data, and methodology: The ARIMA intervention model can build a model without additional information with just one time series. Therefore, it is a time-series analysis method frequently used for short-term prediction. After the subprime mortgage, which had shocked since the global financial crisis in April 2007, the bank's interest rate in 2020 is set at a time point close to zero at 0.75%. After that, the model was estimated using the interest rate fluctuations for the Bank of Korea base interest rate, the house transaction price index, and the house rental price index as event variables. Results: In predicting the change in house transaction price due to interest rate intervention, the house transaction price index due to the fall in interest rates was predicted to change after 3 months. As a result, it was 102.47 in April 2020, 102.87 in May 2020, and 103.21 in June 2020. It was expected to rise in the short term. In forecasting the change in house rental price due to interest rate intervention, the house rental price index due to the drop in interest rate was predicted to change after 3 months. As a result, it was 97.76 in April 2020, 97.85 in May 2020, and 97.97 in June 2020. It was expected to rise in the short term. Conclusions: If low interest rates continue to stimulate the contracted economy caused by COVID-19, it seems that there is ample room for house transaction and rental prices to rise amid low growth. Therefore, In order to stabilize the house price due to the low interest rate situation, it is considered that additional measures are needed to suppress speculative demand.

A Case Study of WRF Simulation for Surface Maximum Wind Speed Estimation When the Typhoon Attack : Typhoons RUSA and MAEMI (태풍 내습 시 지상 최대풍 추정을 위한 WRF 수치모의 사례 연구 : 태풍 RUSA와 MAEMI를 대상으로)

  • Jung, Woo-Sik;Park, Jong-Kil;Kim, Eun-Byul;Lee, Bo-Ram
    • Journal of Environmental Science International
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    • v.21 no.4
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    • pp.517-533
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    • 2012
  • This study calculated wind speed at the height of 10 m using a disaster prediction model(Florida Public Hurricane Loss Model, FPHLM) that was developed and used in the United States. Using its distributions, a usable information of surface wind was produced for the purpose of disaster prevention when the typhoon attack. The advanced research version of the WRF (Weather Research and Forecasting) was used in this study, and two domains focusing on South Korea were determined through two-way nesting. A horizontal time series and vertical profile analysis were carried out to examine whether the model provided a resonable simulation, and the meteorological factors, including potential temperature, generally showed the similar distribution with observational data. We determined through comparison of observations that data taken at 700 hPa and used as input data to calculate wind speed at the height of 10 m for the actual terrain was suitable for the simulation. Using these results, the wind speed at the height of 10 m for the actual terrain was calculated and its distributions were shown. Thus, a stronger wind occurred in coastal areas compared to inland areas showing that coastal areas are more vulnerable to strong winds.

A Study on the Eltimation of Daily Urban Water Demand by ARIMA Model (ARIMA 모델에 의한 상수도 일일 급수량 추정에 관한 연구)

  • Lee, Gyeong-Hun;Mun, Byeong-Seok;Park, Seong-Cheon
    • Journal of Korea Water Resources Association
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    • v.30 no.1
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    • pp.45-54
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    • 1997
  • The correct estimation of the daily or hourly urban water demand is required for the efficient management and operation of the water supply facilities. The prediction of water supply demand are regression model and time series method, the optimum ARIMA (Auto Regressive Integrated Moving Average) model was sought for the daily urban water demand estimation in this paper. The data used for this study were obtained from the city of Kwangju Korea. The raw data used in this study were rearranged 15, 30, 60, 90 days for the purpose of analysis. The statistical analysis was applied to the data to obtain the ARIMA model. As a result, the parameters determining the ARIMA model was obtained. The accuracy of the model was 2% of water supply. The developed model was found to be useful for the practical operation and management of the water supply facilities.

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DMD based modal analysis and prediction of Kirchhoff-Love plate (DMD기반 Kirchhoff-Love 판의 모드 분석과 수치해 예측)

  • Shin, Seong-Yoon;Jo, Gwanghyun;Bae, Seok-Chan
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.26 no.11
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    • pp.1586-1591
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    • 2022
  • Kirchhoff-Love plate (KLP) equation is a well established theory for a description of a deformation of a thin plate under certain outer source. Meanwhile, analysis of a vibrating plate in a frequency domain is important in terms of obtaining the main frequency/eigenfunctions and predicting the vibration of plate. Among various modal analysis methods, dynamic mode decomposition (DMD) is one of the efficient data-driven methods. In this work, we carry out DMD based modal analysis for KLP where thin plate is under effects of sine-type outer force. We first construct discrete time series of KLP solutions based on a finite difference method (FDM). Over 720,000 number of FDM-generated solutions, we select only 500 number of solutions for the DMD implementation. We report the resulting DMD-modes for KLP. Also, we show how DMD can be used to predict KLP solutions in an efficient way.

Estimation Model for Freight of Container Ships using Deep Learning Method (딥러닝 기법을 활용한 컨테이너선 운임 예측 모델)

  • Kim, Donggyun;Choi, Jung-Suk
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.27 no.5
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    • pp.574-583
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    • 2021
  • Predicting shipping markets is an important issue. Such predictions form the basis for decisions on investment methods, fleet formation methods, freight rates, etc., which greatly affect the profits and survival of a company. To this end, in this study, we propose a shipping freight rate prediction model for container ships using gated recurrent units (GRUs) and long short-term memory structure. The target of our freight rate prediction is the China Container Freight Index (CCFI), and CCFI data from March 2003 to May 2020 were used for training. The CCFI after June 2020 was first predicted according to each model and then compared and analyzed with the actual CCFI. For the experimental model, a total of six models were designed according to the hyperparameter settings. Additionally, the ARIMA model was included in the experiment for performance comparison with the traditional analysis method. The optimal model was selected based on two evaluation methods. The first evaluation method selects the model with the smallest average value of the root mean square error (RMSE) obtained by repeating each model 10 times. The second method selects the model with the lowest RMSE in all experiments. The experimental results revealed not only the improved accuracy of the deep learning model compared to the traditional time series prediction model, ARIMA, but also the contribution in enhancing the risk management ability of freight fluctuations through deep learning models. On the contrary, in the event of sudden changes in freight owing to the effects of external factors such as the Covid-19 pandemic, the accuracy of the forecasting model reduced. The GRU1 model recorded the lowest RMSE (69.55, 49.35) in both evaluation methods, and it was selected as the optimal model.

Analysis and Prediction Methods of Marine Accident Patterns related to Vessel Traffic using Long Short-Term Memory Networks (장단기 기억 신경망을 활용한 선박교통 해양사고 패턴 분석 및 예측)

  • Jang, Da-Un;Kim, Joo-Sung
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.28 no.5
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    • pp.780-790
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    • 2022
  • Quantitative risk levels must be presented by analyzing the causes and consequences of accidents and predicting the occurrence patterns of the accidents. For the analysis of marine accidents related to vessel traffic, research on the traffic such as collision risk analysis and navigational path finding has been mainly conducted. The analysis of the occurrence pattern of marine accidents has been presented according to the traditional statistical analysis. This study intends to present a marine accident prediction model using the statistics on marine accidents related to vessel traffic. Statistical data from 1998 to 2021, which can be accumulated by month and hourly data among the Korean domestic marine accidents, were converted into structured time series data. The predictive model was built using a long short-term memory network, which is a representative artificial intelligence model. As a result of verifying the performance of the proposed model through the validation data, the RMSEs were noted to be 52.5471 and 126.5893 in the initial neural network model, and as a result of the updated model with observed datasets, the RMSEs were improved to 31.3680 and 36.3967, respectively. Based on the proposed model, the occurrence pattern of marine accidents could be predicted by learning the features of various marine accidents. In further research, a quantitative presentation of the risk of marine accidents and the development of region-based hazard maps are required.

Study on Tourism Demand Forecast and Influencing Factors in Busan Metropolitan City (부산 연안도시 관광수요 예측과 영향요인에 관한 연구)

  • Kyu Won Hwang;Sung Mo Nam;Ah Reum Jang;Moon Suk Lee
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.29 no.7
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    • pp.915-929
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    • 2023
  • Improvements in people's quality of life, diversification of leisure activities, and changes in population structure have led to an increase in the demand for tourism and an expansion of the diversification of tourism activities. In particular, for coastal cities where land and marine tourism elements coexist, various factors influence their tourism demands. Tourism requires the construction of infrastructure and content development according to the demand at the tourist destination. This study aims to improve the prediction accuracy and explore influencing factors through time series analysis of tourism scale using agent-based data. Basic local governments in the Busan area were examined, and the data used were the number of tourists and the amount of tourism consumption on a monthly basis. The univariate time series analysis, which is a deterministic model, was used along with the SARIMAX analysis to identify the influencing factor. The tourism consumption propensity, focusing on the consumption amount according to business types and the amount of mentions on SNS, was set as the influencing factor. The difference in accuracy (RMSE standard) between the time series models that did and did not consider COVID-19 was found to be very wide, ranging from 1.8 times to 32.7 times by region. Additionally, considering the influencing factor, the tourism consumption business type and SNS trends were found to significantly impact the number of tourists and the amount of tourism consumption. Therefore, to predict future demand, external influences as well as the tourists' consumption tendencies and interests in terms of local tourism must be considered. This study aimed to predict future tourism demand in a coastal city such as Busan and identify factors affecting tourism scale, thereby contributing to policy decision-making to prepare tourism demand in consideration of government tourism policies and tourism trends.

Smart System Identification of Super High-Rise Buildings using Limited Vibration Data during the 2011 Tohoku Earthquake

  • Ikeda, A.;Minami, Y.;Fujita, K.;Takewaki, I.
    • International Journal of High-Rise Buildings
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    • v.3 no.4
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    • pp.255-271
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    • 2014
  • A method of smart system identification of super high-rise buildings is proposed in which super high-rise buildings are modeled by a shear-bending system. The method is aimed at finding the story shear and bending stiffnesses of a specific story only from the horizontal floor accelerations. The proposed method uses a set of closed-form expressions for the story shear and bending stiffnesses in terms of the limited floor accelerations and utilizes a reduced shear-bending system with the same number of elements as the observation points. A difficulty of prediction of an unstable specific function in a low frequency range can be overcome by introducing an ARX model and discussing its relation with the Taylor series expansion coefficients of a transfer function. It is demonstrated that the shear-bending system can simulate the vibration records with a reasonable accuracy. It is also shown that the vibration records at two super high-rise buildings during the 2011 Tohoku (Japan) earthquake can be simulated with the proposed method including a technique of inserting degrees of freedom between the vibration recording points. Finally it is discussed further that the time-varying identification of fundamental natural period and stiffnesses can be conducted by setting an appropriate duration of evaluation in the batch least-squares method.

Vulnerability Assessment for Fine Particulate Matter (PM2.5) in the Schools of the Seoul Metropolitan Area, Korea: Part II - Vulnerability Assessment for PM2.5 in the Schools (인공지능을 이용한 수도권 학교 미세먼지 취약성 평가: Part II - 학교 미세먼지 범주화)

  • Son, Sanghun;Kim, Jinsoo
    • Korean Journal of Remote Sensing
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    • v.37 no.6_2
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    • pp.1891-1900
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    • 2021
  • Fine particulate matter (FPM; diameter ≤ 2.5 ㎛) is frequently found in metropolitan areas due to activities associated with rapid urbanization and population growth. Many adolescents spend a substantial amount of time at school where, for various reasons, FPM generated outdoors may flow into indoor areas. The aims of this study were to estimate FPM concentrations and categorize types of FPM in schools. Meteorological and chemical variables as well as satellite-based aerosol optical depth were analyzed as input data in a random forest model, which applied 10-fold cross validation and a grid-search method, to estimate school FPM concentrations, with four statistical indicators used to evaluate accuracy. Loose and strict standards were established to categorize types of FPM in schools. Under the former classification scheme, FPM in most schools was classified as type 2 or 3, whereas under strict standards, school FPM was mostly classified as type 3 or 4.

Analysis of Extreme Rainfall Distribution Scenarios over the Landslide High Risk Zones in Urban Areas (도심지 토사재해 고위험지역 극치강우 시간분포 시나리오 분석)

  • Yoon, Sunkwon;Jang, Sangmin;Rhee, Jinyoung
    • Journal of The Korean Society of Agricultural Engineers
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    • v.58 no.3
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    • pp.57-69
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    • 2016
  • In this study, we analyzed the extreme rainfall distribution scenarios based on probable rainfall calculation and applying various time distribution models over the landslide high risk zones in urban areas. We used observed rainfall data form total 71 ASOS (Automated Synoptic Observing System) station and AWS (Automatic Weather Station) in KMA (Korea Meteorological Administration), and we analyzed the linear trends for 1-hr and 24-hr annual maximum rainfall series using simple linear regression method, which are identified their increasing trends with slopes of 0.035 and 0.660 during 1961-2014, respectively. The Gumbel distribution was applied to obtain the return period and probability precipitation for each duration. The IDF (Intensity-Duration-Frequency) curves for landslide high risk zones were derived by applying integrated probability precipitation intensity equation. Results from IDF analysis indicate that the probability precipitation varies from 31.4~38.3 % for 1 hr duration, and 33.0~47.9 % for 24 hr duration. It also showed different results for each area. The $Huff-4^{th}$ Quartile method as well as Mononobe distribution were selected as the rainfall distribution scenarios of landslide high risk zones. The results of this study can be used to provide boundary conditions for slope collapse analysis, to analyze sediment disaster risk, and to use as input data for risk prediction of debris flow.