• Title/Summary/Keyword: combining forecast

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Forecasting Korean housing price index: application of the independent component analysis (부동산 매매지수와 전세지수 예측: 독립성분분석을 활용한 분석)

  • Pak, Ro Jin
    • The Korean Journal of Applied Statistics
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    • v.30 no.2
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    • pp.271-280
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    • 2017
  • Real-estate values and related economics are often the first read newspaper category. We are concerned about the opinions of experts on the forecast for real estate prices. The Box-Jenkins ARIMA model is a commonly used statistical method to predict housing prices. In this article, we tried to predict housing prices by combining independent component analysis (ICA) in multivariate data analysis and the Box-Jenkins ARIMA model. The two independent components for both the selling price index and the long-term rental price index were extracted and used to predict the future values of both indices. In conclusion, it has been shown that the actual indices and the forecast indices using ICA are more comparable to the forecasts of the ARIMA model alone.

Multiple aggregation prediction algorithm applied to traffic accident counts (다중 결합 예측 알고리즘을 이용한 교통사고 발생건수 예측)

  • Bae, Doorham;Seong, Byeongchan
    • The Korean Journal of Applied Statistics
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    • v.32 no.6
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    • pp.851-865
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    • 2019
  • Discovering various features from one time series is complicated. In this paper, we introduce a multi aggregation prediction algorithm (MAPA) that uses the concepts of temporal aggregation and combining forecasts to find multiple patterns from one time series and increase forecasting accuracy. Temporal aggregation produces multiple time series and each series has separate properties. We use exponential smoothing methods in the next step to extract various features of time series components in order to forecast time series components for each series. In the final step, we blend predictions of the same kind of components and forecast the target series by the summation of blended predictions. As an empirical example, we forecast traffic accident counts using MAPA and observe that MAPA performance is superior to conventional methods.

Forecast of geomagnetic storm using coronal mass ejection and solar wind condition near Earth

  • Kim, Rok-Soon;Park, Young-Deuk;Moon, Yong-Jae
    • The Bulletin of The Korean Astronomical Society
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    • v.38 no.1
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    • pp.63.1-63.1
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    • 2013
  • To improve the forecast capability of geomagnetic storms, we consider the real time solar and near Earth conditions together, since the characteristics of CMEs can be modified during their transit from the Sun to the Earth, and the geomagnetic storms may be directly affected by not only solar events but also near Earth interplanetary conditions. Using 55 CME-Dst pairs associated with M- and X-class solar flares, which have clearly identifiable source regions during 1997 to 2003, we confirm that the peak values of negative magnetic field Bz and duskward electric field Ey prior to Dst minimum are strongly related with Dst index. We suggest the solar wind criteria (Bz<-5 nT or Ey>3 mV/m for t>2 hr) for moderate storm less than -50 nT by modifying the criteria for intense storms less than -100 nT proposed by Gonzalez and Tsurutani (GT, 1987). As the results, 90% (28/31) of the storms are correctly forecasted by our criteria. For 15 exceptional events that are incorrectly forecasted by only CME parameters, 12 cases (80%) can be properly forecasted by solar wind criteria. When we applying CME and solar wind conditions together, all geomagnetic storms (Dst<-50 nT) are correctly forecasted. Our results show that, the storm forecast capability of the 2~3 days advanced warning based on CME parameters can be improved by combining with the urgent warning based on the near Earth solar wind condition.

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A Combined Forecast Scheme of User-Based and Item-based Collaborative Filtering Using Neighborhood Size (이웃크기를 이용한 사용자기반과 아이템기반 협업여과의 결합예측 기법)

  • Choi, In-Bok;Lee, Jae-Dong
    • The KIPS Transactions:PartB
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    • v.16B no.1
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    • pp.55-62
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    • 2009
  • Collaborative filtering is a popular technique that recommends items based on the opinions of other people in recommender systems. Memory-based collaborative filtering which uses user database can be divided in user-based approaches and item-based approaches. User-based collaborative filtering predicts a user's preference of an item using the preferences of similar neighborhood, while item-based collaborative filtering predicts the preference of an item based on the similarity of items. This paper proposes a combined forecast scheme that predicts the preference of a user to an item by combining user-based prediction and item-based prediction using the ratio of the number of similar users and the number of similar items. Experimental results using MovieLens data set and the BookCrossing data set show that the proposed scheme improves the accuracy of prediction for movies and books compared with the user-based scheme and item-based scheme.

An empirical study on the combined forecasts (결합예측에 관한 실증적 연구)

  • 이우리
    • The Korean Journal of Applied Statistics
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    • v.1 no.2
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    • pp.10-26
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    • 1987
  • If the forecasts from different, sources are combined in some way, the resulting forecasts may be more accurate than any of the individual components. In this paper, the established procedures of combining forecasts are reviewed and the alternative procedures are suggested. By the results of empirical analysis from survey data, the method of combining forecasts using the restricted regression weights, the restricted robust regression weights, and mixed regression weights are robust. We can not find the most efficient combined forecasts in any case if we select the corresponding decision by preliminary analysis for the statistical properties of individual dorecasts, our results of combined forecast can became useful.

Detection of Water Cloud Microphysical Properties Using Multi-scattering Polarization Lidar

  • Xie, Jiaming;Huang, Xingyou;Bu, Lingbing;Zhang, Hengheng;Mustafa, Farhan;Chu, Chenxi
    • Current Optics and Photonics
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    • v.4 no.3
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    • pp.174-185
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    • 2020
  • Multiscattering occurs when a laser transmits into dense atmosphere targets (e.g. fogs, smoke or clouds), which can cause depolarization effects even though the scattering particles are spherical. In addition, multiscattering effects have additional information about microphysical properties of scatterers. Thus, multiscattering can be utilized to study the microphysical properties of the liquid water cloud. In this paper, a Monte Carlo method was used to simulate multi-scattering transmission properties of Lidar signals in the cloud. The results showed the slope of the degree of linear polarization (SLDLP) can be used to invert the extinction coefficient, and then the cloud effective size (CES) and the liquid water content (LWC) may be easily obtained by using the extinction coefficient and saturation of the degree of linear polarization (SADLP). Based on calculation results, a microphysical properties inversion method for a liquid cloud was presented. An innovative multiscattering polarization Lidar (MSPL) system was constructed to measure the LWC and CES of the liquid cloud, and a new method based on the polarization splitting ratio of the Polarization Beam Splitter (PBS) was developed to calibrate the polarization channels of MSPL. By analyzing the typical observation data of MSPL observation in the northern suburbs of Nanjing, China, the LWC and CES of the liquid water cloud were obtained. Comparisons between the results from the MSPL, MODIS and the Microwave radar data showed that, the microphysical properties of liquid cloud could be retrieved by combining our MSPL and the inversion method.

Design and Implementation of Customized Farming Applications using Public Data (공공데이터를 이용한 맞춤형 영농 어플리케이션 설계 및 구현)

  • Ko, Jooyoung;Yoon, Sungwook;Kim, Hyenki
    • Journal of Korea Multimedia Society
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    • v.18 no.6
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    • pp.772-779
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    • 2015
  • Advancing information technology have rapidly changed our service environment of life, culture, and industry. Computer information communication system is applied in medical, health, distribution, and business transaction. Smart is using new information by combining ability of computer and information. Although agriculture is labor intensive industry that requires a lot of hands, agriculture is becoming knowledge-based industry today. In agriculture field, computer communication system is applied on facilities farming and machinery Agricultural. In this paper, we designed and implemented application that provides personalized agriculture related information at the actual farming field. Also, this provides farmer a system that they can directly auction or sell their produced crops. We designed and implemented a system that parsing information of each seasonal, weather condition, market price, region based, crop, and disease and insects through individual setup on ubiquitous environment using location-based sensor network and processing data.

Identification of Prevailing Risk Attitudes in Various Risk Situations (다양한 위험상황에서의 지배적 위험태도의 파악)

  • Kang, Tae-Geon;Cho, Sung-Ku
    • Journal of Korean Institute of Industrial Engineers
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    • v.25 no.4
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    • pp.437-447
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    • 1999
  • Previous researches on risk attitudes or on the typical utility functions have mostly focused on how the risk attitude of decision maker varies when changes are made in one or two lottery reference points such as consequence domain and magnitude of probability under assumed risk situations represented by simple lotteries. It is, however, very difficult to forecast dominant risk attitudes under risk situations which exhibit a complex combination of many reference points. In this study, twelve risk situations which a decision maker may confront in real decision-making situations were formulated by combining in various ways three reference points, that is, magnitude of probability, consequence domain, and magnitude of gain or loss. Then through a questionnaire dominant risk attitudes under every assumed risk situation were investigated, and the general shape of utility function implied by the experimental results were derived. Results of the present study show that none of the three reference points have dominant effect over the others due to complicated interaction between them, and given the twelve risk situations the observed risk attitude widely varies from strong risk taking to strong risk aversion.

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On the drifting characteristics of a distressed ship (조난선박의 표류거동에 관한 연구)

  • 김창제;채양범;김길수;정태권;강성진
    • Journal of the Korean Institute of Navigation
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    • v.20 no.4
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    • pp.1-6
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    • 1996
  • A vessel in distress might be well identified when both the variables affecting the drifting of the vessel and the extent to which the variables affect the drifted vessel are known. And also the disembarking place inside the ship might be easily located if the drifting poised is forecasted. The forecasting method of the drifting poise is resolved by combining the vectors of the current and the wind. It is, however, very hard to forecast the effect of the wind, which should be mainly determined by field survey. This study aims at identifying the drifting characteristics of medium/large ships, considering only the effect of the wind. The experiment revealed the following results. $\circled1$ The drifting poise is determined by the aspect ratio of the ship and the shape of the superstructure of the ship. $\circled2$ Drifting direction is quite stable when wind speed goes over a certain level. $\circled3$ Drifting speed is 3-7% of the wind speed in case of T/S Hannara.

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Combining Four Elements of Precipitation Loss in a Watershed (유역내 네가지 강수손실 성분들의 합성)

  • Yoo, Ju-Hwan
    • Proceedings of the Korea Water Resources Association Conference
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    • 2012.05a
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    • pp.200-204
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    • 2012
  • In engineering hydrology, an estimation of precipitation loss is one of the most important issues for successful modeling to forecast flooding or evaluate water resources for both surface and subsurface flows in a watershed. An accurate estimation of precipitation loss is required for successful implementation of rainfall-runoff models. Precipitation loss or hydrological abstraction may be defined as the portion of the precipitation that does not contribute to the direct runoff. It may consist of several loss elements or abstractions of precipitation such as infiltration, depression storage, evaporation or evapotranspiration, and interception. A composite loss rate model that combines four loss rates over time is derived as a lumped form of a continuous time function for a storm event. The composite loss rate model developed is an exponential model similar to Horton's infiltration model, but its parameters have different meanings. In this model, the initial loss rate is related to antecedent precipitation amounts prior to a storm event, and the decay factor of the loss rate is a composite decay of four losses.

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