• Title/Summary/Keyword: time series regression model

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Electricity Demand Forecasting based on Support Vector Regression (Support Vector Regression에 기반한 전력 수요 예측)

  • Lee, Hyoung-Ro;Shin, Hyun-Jung
    • IE interfaces
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    • v.24 no.4
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    • pp.351-361
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    • 2011
  • Forecasting of electricity demand have difficulty in adapting to abrupt weather changes along with a radical shift in major regional and global climates. This has lead to increasing attention to research on the immediate and accurate forecasting model. Technically, this implies that a model requires only a few input variables all of which are easily obtainable, and its predictive performance is comparable with other competing models. To meet the ends, this paper presents an energy demand forecasting model that uses the variable selection or extraction methods of data mining to select only relevant input variables, and employs support vector regression method for accurate prediction. Also, it proposes a novel performance measure for time-series prediction, shift index, followed by description on preprocessing procedure. A comparative evaluation of the proposed method with other representative data mining models such as an auto-regression model, an artificial neural network model, an ordinary support vector regression model was carried out for obtaining the forecast of monthly electricity demand from 2000 to 2008 based on data provided by Korea Energy Economics Institute. Among the models tested, the proposed method was shown promising results than others.

An Impact of Gas Prices on Transit Demand Using a Time-series Analysis and a Regression Analysis (시계열 및 회귀분석을 활용한 휘발유가격의 광역권별·수단별 대중교통수요 영향력 비교분석)

  • Lee, Kwang Sub;Eom, Jin Ki;Moon, Dae Seop;Yang, Keun Yul;Lee, Jun
    • Journal of Korean Society of Transportation
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    • v.32 no.1
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    • pp.13-26
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    • 2014
  • Depending most of its energy sources on foreign countries, Korea efforts to reduce energy consumption in transportation. While studies on the relationship between gas price and transportation demand are many in number, most previous studies have focused on automobile and Seoul. This study analyzes the impact of gas price on transit (bus and subway) demand using monthly data and for various metropolitan areas (Seoul, Busan, Daejeon, Daegu and Gwangju). The research utilizes a time-series model and a multiple regression model, and calculates modal demand elasticities of gas price. The result shows that elasticities of subway demand with respect to gas price is higher than those of bus demand. In addition, elasticities of predominantly automobile cities are more likely to be more sensitive to gas price than those of cities with well-structured transit system.

Estimating Bathroom Water-uses based on Time Series Regression (시계열 회귀모형에 기초한 욕실 내 용수 사용량 추정)

  • Myoung, Sungmin;Kim, Donggeon;Jo, Jinnam
    • Journal of the Korea Society of Computer and Information
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    • v.19 no.8
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    • pp.19-26
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    • 2014
  • Analysis of influential factors on water consumption in households will help predicting the water demand of end-use in household and give an explanation to cause on the change of trend. In this research, the data are gathered by radio telemetry system which is combined electronic flow-meter and wireless communication system in 140 household in Korea. Using this data, we estimate for each residential type to determine liter per capita day. we used real data to predict bathtub and washbowl water-uses and compared the ordinary least square regression model and autoregressive regression error model. The results of this study can be applied in the planning stages of water and waste water facilities.

Development of a Forecasting Model for University Food Services (대학 급식소의 식수예측 모델 개발)

  • 정라나;양일선;백승희
    • Korean Journal of Community Nutrition
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    • v.8 no.6
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    • pp.910-918
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    • 2003
  • The purposes of this study were to develop a model for university foodservices and to provide management strategies for reducing costs, and increasing productivity and customer satisfaction. The results of this study were as follows : 1) The demands in university food services varied depending on the time series. A fixed pattern was discovered for specific times of the month and semesters. The demand tended to constantly decrease from the beginning of a specific semester to the end, from March to June and from September to December. Moreover, the demand was higher during the first semester than the second semester, within school term than during vacation periods, and during the summer vacation than the winter. 2) Pearson's simple correlation was done between actual customer demand and the factors relating to forecasting the demand. There was a high level of correlation between the actual demand and the demand that had occurred in the previous weeks. 3) By applying the stepwise multiple linear regression analysis to two different university food services providing multiple menu items, a model was developed in terms of four different time series(first semester, second semester, summer vacation, and winter vacation). Customer preference for specific menu items was found to be the most important factor to be considered in forecasting the demand.

Dam Sensor Outlier Detection using Mixed Prediction Model and Supervised Learning

  • Park, Chang-Mok
    • International journal of advanced smart convergence
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    • v.7 no.1
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    • pp.24-32
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    • 2018
  • An outlier detection method using mixed prediction model has been described in this paper. The mixed prediction model consists of time-series model and regression model. The parameter estimation of the prediction model was performed using supervised learning and a genetic algorithm is adopted for a learning method. The experiments were performed in artificial and real data set. The prediction performance is compared with the existing prediction methods using artificial data. Outlier detection is conducted using the real sensor measurements in a dam. The validity of the proposed method was shown in the experiments.

Data Analysis and Mining for Fish Growth Data in Fish-Farms (양식장 어류 생육 데이터 분석 및 마이닝)

  • Seoung-Bin Ye;Jeong-Seon Park;Soon-Hee Han;Hyi-Thaek Ceong
    • The Journal of the Korea institute of electronic communication sciences
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    • v.18 no.1
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    • pp.127-142
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    • 2023
  • The management of size and weight, which are the growth information of aquaculture fish in fish-farms, is the most basic goal. In this study, the epoch is defined in fish-farms from the time of stocking or dividing to the time of shipment, and the growth data for a total of three epoch is analyzed from a time series perspective. Growth information such as the size and weight of aquaculture fish that occur over time in fish-farms is compared and analyzed with water quality environmental information and feeding information, and a model is presented using the analysis results. In this study, linear, exponential, and logarithmic regression models are presented using the Box-Jenkins method for size and weight by epoch using data obtained in the field.

A Study on the Distributed Lag Model by Bayesian Decision Making Method (분포시차모형의 Bayesian 의사결정법에 관한 연구)

  • 이필령
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.8 no.11
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    • pp.27-34
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    • 1985
  • Recently the distributed lag models for time series data have been used in several quantitative analyses. But the analyses of time series which have the serial correlations in error terms and the lagged values of dependent variables violate the hypothesis of OLS method. This paper suggests that the approach technique of distributed lay model with serial correlation should be applied by the Bayesian inference to estimate the parameters. For the application of distributed lag model by Bayesian analysis, the data for monthly consumption expenditure per household by items of commodities from 1972 to 1981 are used in order to estimate the lagged coefficient of processed food and the regression coefficient of the food and beverage.

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Air Pollution and Daily Mortality in Busan using a Time Series Analysis (시계열자료를 이용한 대기오염과 일별 사망수의 관련성 분석)

  • 서화숙;정효준;이홍근
    • Journal of Environmental Science International
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    • v.11 no.10
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    • pp.1061-1068
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    • 2002
  • To identify possible associations with concentrations of ambient air pollutants and daily mortality in Busan, this study assessed the effects of air pollution for the time period 1999-2000. Poisson regression analysis by Generalized Additive Model were conducted considering trend, season, meteorology, and day-of-the-week as confounders in a nonparametric approach. Busan had a 10% increase in mortality in persons aged 65 and older(95% Cl : 1.01-1.10) in association with IQR in $NO_2$(lagged 2 days). An increase of $NO_2$(lagged 2days) was associated with a 4% increase in respiratory mortality(Cl : 1.02-1.11) and CO(lagged 1 day) showed a 3% increase(Cl : 1.00-1.07).

A Study on Forecast of Oyster Production using Time Series Models (시계열모형을 이용한 굴 생산량 예측 가능성에 관한 연구)

  • Nam, Jong-Oh;Noh, Seung-Guk
    • Ocean and Polar Research
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    • v.34 no.2
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    • pp.185-195
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    • 2012
  • This paper focused on forecasting a short-term production of oysters, which have been farmed in Korea, with distinct periodicity of production by year, and different production level by month. To forecast a short-term oyster production, this paper uses monthly data (260 observations) from January 1990 to August 2011, and also adopts several econometrics methods, such as Multiple Regression Analysis Model (MRAM), Seasonal Autoregressive Integrated Moving Average (SARIMA) Model, and Vector Error Correction Model (VECM). As a result, first, the amount of short-term oyster production forecasted by the multiple regression analysis model was 1,337 ton with prediction error of 246 ton. Secondly, the amount of oyster production of the SARIMA I and II models was forecasted as 12,423 ton and 12,442 ton with prediction error of 11,404 ton and 11,423 ton, respectively. Thirdly, the amount of oyster production based on the VECM was estimated as 10,425 ton with prediction errors of 9,406 ton. In conclusion, based on Theil inequality coefficient criterion, short-term prediction of oyster by the VECM exhibited a better fit than ones by the SARIMA I and II models and Multiple Regression Analysis Model.

A Note on Disturbance Variance Estimator in Panel Data with Equicorrelated Error Components

  • Seuck Heun Song
    • Communications for Statistical Applications and Methods
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    • v.2 no.2
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    • pp.129-134
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    • 1995
  • The ordinary least square estimator of the disturbance variance in the pooled cross-sectional and time series regression model is shown to be asymptotically unbiased without any restrictions on the regressor matrix when the disturbances follow an equicorrelated error component models.

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