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Forecasting Nonlinear Time Series With A Hybrid Methodology

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Date
2009
Author
Aladag, Cagdas Hakan
Egrioglu, Erol
Kadilar, Cem
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Abstract
In recent years, artificial neural networks (ANNs) have been used for forecasting in time series in the literature. Although it is possible to model both linear and nonlinear structures in time series by using ANNs, they are not able to handle both structures equally well. Therefore, the hybrid methodology combining ARIMA and ANN models have been used in the literature. In this study, a new hybrid approach combining Elman's Recurrent Neural Networks (ERNN) and ARIMA models is proposed. The proposed hybrid approach is applied to Canadian Lynx data and it is found that the proposed approach has the best forecasting accuracy. (c) 2009 Elsevier Ltd, All rights reserved.
URI
https://doi.org/10.1016/j.aml.2009.02.006
http://hdl.handle.net/11655/19544
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  • İstatistik Bölümü Makale Koleksiyonu [85]
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