Fuzzy Time Series Forecasting Model Based on Automatic Clustering Techniques and Generalized Fuzzy Logical Relationship
In view of techniques for constructing high-order fuzzy time series models, there are three types which are based on advanced algorithms, computational method, and grouping the fuzzy logical relationships. The last type of models is easy to be understood by the decision maker who does not know anyth...
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Series: | Mathematical Problems in Engineering |
Online Access: | http://dx.doi.org/10.1155/2015/962597 |
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doaj-b62ef28b2ff144e194567d1438186ec02020-11-24T21:06:09ZengHindawi LimitedMathematical Problems in Engineering1024-123X1563-51472015-01-01201510.1155/2015/962597962597Fuzzy Time Series Forecasting Model Based on Automatic Clustering Techniques and Generalized Fuzzy Logical RelationshipWangren Qiu0Ping Zhang1Yanhong Wang2Department of Information Engineering, Jingdezhen Ceramic Institute, Jingdezhen 333001, ChinaDepartment of Economics, Hefei University of Technology, Hefei 230009, ChinaDepartment of Information Engineering, Jingdezhen Ceramic Institute, Jingdezhen 333001, ChinaIn view of techniques for constructing high-order fuzzy time series models, there are three types which are based on advanced algorithms, computational method, and grouping the fuzzy logical relationships. The last type of models is easy to be understood by the decision maker who does not know anything about fuzzy set theory or advanced algorithms. To deal with forecasting problems, this paper presented novel high-order fuzz time series models denoted as GTS (M, N) based on generalized fuzzy logical relationships and automatic clustering. This paper issued the concept of generalized fuzzy logical relationship and an operation for combining the generalized relationships. Then, the procedure of the proposed model was implemented on forecasting enrollment data at the University of Alabama. To show the considerable outperforming results, the proposed approach was also applied to forecasting the Shanghai Stock Exchange Composite Index. Finally, the effects of parameters M and N, the number of order, and concerned principal fuzzy logical relationships, on the forecasting results were also discussed.http://dx.doi.org/10.1155/2015/962597 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Wangren Qiu Ping Zhang Yanhong Wang |
spellingShingle |
Wangren Qiu Ping Zhang Yanhong Wang Fuzzy Time Series Forecasting Model Based on Automatic Clustering Techniques and Generalized Fuzzy Logical Relationship Mathematical Problems in Engineering |
author_facet |
Wangren Qiu Ping Zhang Yanhong Wang |
author_sort |
Wangren Qiu |
title |
Fuzzy Time Series Forecasting Model Based on Automatic Clustering Techniques and Generalized Fuzzy Logical Relationship |
title_short |
Fuzzy Time Series Forecasting Model Based on Automatic Clustering Techniques and Generalized Fuzzy Logical Relationship |
title_full |
Fuzzy Time Series Forecasting Model Based on Automatic Clustering Techniques and Generalized Fuzzy Logical Relationship |
title_fullStr |
Fuzzy Time Series Forecasting Model Based on Automatic Clustering Techniques and Generalized Fuzzy Logical Relationship |
title_full_unstemmed |
Fuzzy Time Series Forecasting Model Based on Automatic Clustering Techniques and Generalized Fuzzy Logical Relationship |
title_sort |
fuzzy time series forecasting model based on automatic clustering techniques and generalized fuzzy logical relationship |
publisher |
Hindawi Limited |
series |
Mathematical Problems in Engineering |
issn |
1024-123X 1563-5147 |
publishDate |
2015-01-01 |
description |
In view of techniques for constructing high-order fuzzy time series models, there are three types which are based on advanced algorithms, computational method, and grouping the fuzzy logical relationships. The last type of models is easy to be understood by the decision maker who does not know anything about fuzzy set theory or advanced algorithms. To deal with forecasting problems, this paper presented novel high-order fuzz time series models denoted as GTS (M, N) based on generalized fuzzy logical relationships and automatic clustering. This paper issued the concept of generalized fuzzy logical relationship and an operation for combining the generalized relationships. Then, the procedure of the proposed model was implemented on forecasting enrollment data at the University of Alabama. To show the considerable outperforming results, the proposed approach was also applied to forecasting the Shanghai Stock Exchange Composite Index. Finally, the effects of parameters M and N, the number of order, and concerned principal fuzzy logical relationships, on the forecasting results were also discussed. |
url |
http://dx.doi.org/10.1155/2015/962597 |
work_keys_str_mv |
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