Fuzzy time series forecasting model based on automatic clustering techniques and generalized fuzzy logical relationship
type: Item
instance of: scholarly article
title: Fuzzy time series forecasting model based on automatic clustering techniques and generalized fuzzy logical relationship
zbMATH Open document ID: 1395.62303
DOI: 10.1155/2015/962597
author: Peng Zhang
published in: Mathematical Problems in Engineering
publication date: 2018-08-27T00:00:00Z
review text: Summary: 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.
Mathematics Subject Classification ID: 62M86
Mathematics Subject Classification ID: 62M10
Mathematics Subject Classification ID: 62H30
zbMATH DE Number: 6927703
MaRDI profile type: Publication
full work available at URL: https://doi.org/10.1155/2015/962597
OpenAlex ID: W1991598764
Wikidata QID: Q59120072
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description: scientific article; zbMATH DE number 6927703