A vector forecasting model for fuzzy time series

Sheng-Tun Li, Shu Ching Kuo, Yi Chung Cheng, Chih Chuan Chen

Research output: Contribution to journalArticle

26 Citations (Scopus)

Abstract

The emergence of fuzzy time series has recently received more attention because of its capability of dealing with vagueness and incompleteness inherent in data. Deriving an effective and useful forecasting model has been a challenge task. In the previous work, the authors addressed two crucial issues, namely controlling uncertainty and effectively partitioning intervals, as well as developed a deterministic forecasting model to manage these issues. However, their model neglected the distribution and uncertainty of data points and can only provide scalar forecasting, thus limiting its usefulness. This study expands the deterministic forecasting model to improve forecasting capability. We propose a vector forecasting model that allows the prediction of a vector of future values in one step, by integrating the technologies of sliding window and fuzzy c-means clustering, to deal with vector forecasting and interval partitioning. Experimental results and analysis using Monte Carlo simulations for two experiments, both with three data sets, validate the effectiveness of the proposed forecasting model.

Original languageEnglish
Pages (from-to)3125-3134
Number of pages10
JournalApplied Soft Computing Journal
Volume11
Issue number3
DOIs
Publication statusPublished - 2011 Apr 1

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Time series

All Science Journal Classification (ASJC) codes

  • Software

Cite this

Li, Sheng-Tun ; Kuo, Shu Ching ; Cheng, Yi Chung ; Chen, Chih Chuan. / A vector forecasting model for fuzzy time series. In: Applied Soft Computing Journal. 2011 ; Vol. 11, No. 3. pp. 3125-3134.
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A vector forecasting model for fuzzy time series. / Li, Sheng-Tun; Kuo, Shu Ching; Cheng, Yi Chung; Chen, Chih Chuan.

In: Applied Soft Computing Journal, Vol. 11, No. 3, 01.04.2011, p. 3125-3134.

Research output: Contribution to journalArticle

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