• Title/Summary/Keyword: Prediction of variables

Search Result 1,832, Processing Time 0.027 seconds

Development of Predictive Models for Rights Issues Using Financial Analysis Indices and Decision Tree Technique (경영분석지표와 의사결정나무기법을 이용한 유상증자 예측모형 개발)

  • Kim, Myeong-Kyun;Cho, Yoonho
    • Journal of Intelligence and Information Systems
    • /
    • v.18 no.4
    • /
    • pp.59-77
    • /
    • 2012
  • This study focuses on predicting which firms will increase capital by issuing new stocks in the near future. Many stakeholders, including banks, credit rating agencies and investors, performs a variety of analyses for firms' growth, profitability, stability, activity, productivity, etc., and regularly report the firms' financial analysis indices. In the paper, we develop predictive models for rights issues using these financial analysis indices and data mining techniques. This study approaches to building the predictive models from the perspective of two different analyses. The first is the analysis period. We divide the analysis period into before and after the IMF financial crisis, and examine whether there is the difference between the two periods. The second is the prediction time. In order to predict when firms increase capital by issuing new stocks, the prediction time is categorized as one year, two years and three years later. Therefore Total six prediction models are developed and analyzed. In this paper, we employ the decision tree technique to build the prediction models for rights issues. The decision tree is the most widely used prediction method which builds decision trees to label or categorize cases into a set of known classes. In contrast to neural networks, logistic regression and SVM, decision tree techniques are well suited for high-dimensional applications and have strong explanation capabilities. There are well-known decision tree induction algorithms such as CHAID, CART, QUEST, C5.0, etc. Among them, we use C5.0 algorithm which is the most recently developed algorithm and yields performance better than other algorithms. We obtained data for the rights issue and financial analysis from TS2000 of Korea Listed Companies Association. A record of financial analysis data is consisted of 89 variables which include 9 growth indices, 30 profitability indices, 23 stability indices, 6 activity indices and 8 productivity indices. For the model building and test, we used 10,925 financial analysis data of total 658 listed firms. PASW Modeler 13 was used to build C5.0 decision trees for the six prediction models. Total 84 variables among financial analysis data are selected as the input variables of each model, and the rights issue status (issued or not issued) is defined as the output variable. To develop prediction models using C5.0 node (Node Options: Output type = Rule set, Use boosting = false, Cross-validate = false, Mode = Simple, Favor = Generality), we used 60% of data for model building and 40% of data for model test. The results of experimental analysis show that the prediction accuracies of data after the IMF financial crisis (59.04% to 60.43%) are about 10 percent higher than ones before IMF financial crisis (68.78% to 71.41%). These results indicate that since the IMF financial crisis, the reliability of financial analysis indices has increased and the firm intention of rights issue has been more obvious. The experiment results also show that the stability-related indices have a major impact on conducting rights issue in the case of short-term prediction. On the other hand, the long-term prediction of conducting rights issue is affected by financial analysis indices on profitability, stability, activity and productivity. All the prediction models include the industry code as one of significant variables. This means that companies in different types of industries show their different types of patterns for rights issue. We conclude that it is desirable for stakeholders to take into account stability-related indices and more various financial analysis indices for short-term prediction and long-term prediction, respectively. The current study has several limitations. First, we need to compare the differences in accuracy by using different data mining techniques such as neural networks, logistic regression and SVM. Second, we are required to develop and to evaluate new prediction models including variables which research in the theory of capital structure has mentioned about the relevance to rights issue.

A Prediction Model Development on Quality of Life in Kidney Transplant Recipients (신장이식 수혜자의 삶의 질 예측모형 구축)

  • Kim, Hye-Sook;So, Hyang-Sook
    • Journal of Korean Academy of Nursing
    • /
    • v.39 no.4
    • /
    • pp.518-527
    • /
    • 2009
  • Purpose: The purpose of this study was to identify factors influencing quality of life in kidney transplant recipients and to understand the concrete pathway of influence and the power of each variable, so that integrated prediction model to promote the quality of life of kidney transplant recipients could be developed. Methods: The sample was composed of 218 patients in follow-up care after a kidney transplant in one of 4 university hospitals in the Honam area. A structured questionnaire was used and the collected data were analyzed for fitness, using the LISREL program. Results: This model was concise and extensive in predicting the quality of life of kidney transplant recipients. Conclusion: The research verified the factors influencing quality of life for kidney transplant recipients and it verified that direct factors such as perception of health state, compliance, self-efficacy, stress and indirect factors such as self-efficacy and social support can be important factors to predict the quality of life for recipients. Moreover, those variables represent 87% of variance in explaining quality of life in a prediction model so that the variables can be utilized to predict quality of life for kidney transplant recipients.

An Analysis of the Prediction Accuracy of HVAC Fan Energy Consumption According to Artificial Neural Network Variables (인공신경망 변수에 따른 HVAC 에너지 소비량 예측 정확도 평가 - 송풍기를 중심으로-)

  • Kim, Jee-Heon;Seong, Nam-Chul;Choi, Won-Chang;Choi, Ki-Bong
    • Journal of the Architectural Institute of Korea Structure & Construction
    • /
    • v.34 no.11
    • /
    • pp.73-79
    • /
    • 2018
  • In this study, for the prediction of energy consumption in the ventilator, one of the components of the air conditioning system, the predicted results were analyzed and accurate by the change in the number of neurons and inputs. The input variables of the prediction model for the energy volume of the fan were the supply air flow rate, the exhaust air flow rate, and the output value was the energy consumption of the fan. A predictive model has been developed to study with the Levenbarg-Marquardt algorithm through 8760 sets of one-minute resolution. Comparison of actual energy use and forecast results showed a margin of error of less than 1% in all cases and utilization time of less than 3% with very high predictability. MBE was distributed with a learning period of 1.7% to 2.95% and a service period of 2.26% to 4.48% respectively, and the distribution rate of ${\pm}10%$ indicated by ASHRAE Guidelines 14 was high.8.

Prediction of Galloping Accidents in Power Transmission Line Using Logistic Regression Analysis

  • Lee, Junghoon;Jung, Ho-Yeon;Koo, J.R.;Yoon, Yoonjin;Jung, Hyung-Jo
    • Journal of Electrical Engineering and Technology
    • /
    • v.12 no.2
    • /
    • pp.969-980
    • /
    • 2017
  • Galloping is one of the most serious vibration problems in transmission lines. Power lines can be extensively damaged owing to aerodynamic instabilities caused by ice accretion. In this study, the accident probability induced by galloping phenomenon was analyzed using logistic regression analysis. As former studies have generally concluded, main factors considered were local weather factors and physical factors of power delivery systems. Since the number of transmission towers outnumbers the number of weather observatories, interpolation of weather factors, Kriging to be more specific, has been conducted in prior to forming galloping accident estimation model. Physical factors have been provided by Korea Electric Power Corporation, however because of the large number of explanatory variables, variable selection has been conducted, leaving total 11 variables. Before forming estimation model, with 84 provided galloping cases, 840 non-galloped cases were chosen out of 13 billion cases. Prediction model for accidents by galloping has been formed with logistic regression model and validated with 4-fold validation method, corresponding AUC value of ROC curve has been used to assess the discrimination level of estimation models. As the result, logistic regression analysis effectively discriminated the power lines that experienced galloping accidents from those that did not.

A Study on Classification Evaluation Prediction Model by Cluster for Accuracy Measurement of Unsupervised Learning Data (비지도학습 데이터의 정확성 측정을 위한 클러스터별 분류 평가 예측 모델에 대한 연구)

  • Jung, Se Hoon;Kim, Jong Chan;Kim, Cheeyong;You, Kang Soo;Sim, Chun Bo
    • Journal of Korea Multimedia Society
    • /
    • v.21 no.7
    • /
    • pp.779-786
    • /
    • 2018
  • In this paper, we are applied a nerve network to allow for the reflection of data learning methods in their overall forms by using cluster data rather than data learning by the stages and then selected a nerve network model and analyzed its variables through learning by the cluster. The CkLR algorithm was proposed to analyze the reaction variables of clustering outcomes through an approach to the initialization of K-means clustering and build a model to assess the prediction rate of clustering and the accuracy rate of prediction in case of new data inputs. The performance evaluation results show that the accuracy rate of test data by the class was over 92%, which was the mean accuracy rate of the entire test data, thus confirming the advantages of a specialized structure found in the proposed learning nerve network by the class.

Effect of a Coupled Atmosphere-ocean Data Assimilation on Meteorological Predictions in the West Coastal Region of Korea (대기-해양 결합 자료동화가 서해 연안지역의 기상예측에 미치는 영향 연구)

  • Lee, Sung-Bin;Song, Sang-Keun;Moon, Soo-Hwan
    • Journal of Environmental Science International
    • /
    • v.31 no.7
    • /
    • pp.617-635
    • /
    • 2022
  • The effect of coupled data assimilation (DA) on the meteorological prediction in the west coastal region of Korea was evaluated using a coupled atmosphere-ocean model (e.g., COAWST) in the spring (March 17-26) of 2019. We performed two sets of simulation experiments: (1) with the coupled DA (i.e., COAWST_DA) and (2) without the coupled DA (i.e., COAWST_BASE). Overall, compared with the COAWST_BASE simulation, the COAWST_DA simulation showed good agreement in the spatial and temporal variations of meteorological variables (sea surface temperature, air temperature, wind speed, and relative humidity) with those of the observations. In particular, the effect of the coupled DA on wind speed was greatly improved. This might be primarily due to the prediction improvement of the sea surface temperature resulting from the coupled DA in the study area. In addition, the improvement of meteorological prediction in COAWST_DA simulation was also confirmed by the comparative analysis between SST and other meteorological variables (sea surface wind speed and pressure variation).

Predicting the Number of People for Meals of an Institutional Foodservice by Applying Machine Learning Methods: S City Hall Case (기계학습방법을 활용한 대형 집단급식소의 식수 예측: S시청 구내직원식당의 실데이터를 기반으로)

  • Jeon, Jongshik;Park, Eunju;Kwon, Ohbyung
    • Journal of the Korean Dietetic Association
    • /
    • v.25 no.1
    • /
    • pp.44-58
    • /
    • 2019
  • Predicting the number of meals in a foodservice organization is an important decision-making process that is essential for successful food production, such as reducing the amount of residue, preventing menu quality deterioration, and preventing rising costs. Compared to other demand forecasts, the menu of dietary personnel includes diverse menus, and various dietary supplements include a range of side dishes. In addition to the menus, diverse subjects for prediction are very difficult problems. Therefore, the purpose of this study was to establish a method for predicting the number of meals including predictive modeling and considering various factors in addition to menus which are actually used in the field. For this purpose, 63 variables in eight categories such as the daily available number of people for the meals, the number of people in the time series, daily menu details, weekdays or seasons, days before or after holidays, weather and temperature, holidays or year-end, and events were identified as decision variables. An ensemble model using six prediction models was then constructed to predict the number of meals. As a result, the prediction error rate was reduced from 10%~11% to approximately 6~7%, which was expected to reduce the residual amount by approximately 40%.

Application and Evaluation of An Attitudinal Model for Travel Mode Choice Behavior Analysis (교통수단 선택행태 분석을 위한 태도모형의 적용 및 평가)

  • 신동호
    • Journal of Korean Society of Transportation
    • /
    • v.11 no.2
    • /
    • pp.5-26
    • /
    • 1993
  • In order to analyze travel mode choice behavior, behavioral models including logit model, based on revealed preference theory, have been using easily measurable variables such as individual socioeconomic characteristics and physical attributes of travel modes. But some recent attitudinal models of travel choice behavior have implied that the negligence of individual psychological variables and individual choice constraints in travel mode choice might preclude better prediction of individual travel mode choice behavior. In this context, this study was attempted to reconstruct an attitudinal model(AM), especially focused on the decision rules in travel mode choice decision making process, consistent with the conceptual framework relating individual attitude and choice constraints to choice behavior. And to evaluate the strengths of the AM to other comparative models(logit, linear-additive, conjunctive, lexicographic model) in predicting travel mode choice bebavior, an empirical study of the mode choice in work-trip to CBD in Seoul was performed. According to the results the percent of correct prediction(PCP) derived from the AM was higher than those derived from comparative models by at least 7 to 20% in predicting travel mode choice. But each model produced a different prediction accuracy depending on market segmentation by travel modal users, individual socioeconomic characteristics, transportation system characteristics, and satisfaction levels. The finding that different groups divided by a certain criterion employ different decision rules supports the necessity of developing a choice model such as the AM combining compensatory and noncompensatory decision rules, and suggests that a proposed transportation system management plan or policy may have different effects on each group.

  • PDF

Prediction Model on Delivery Time in Display FAB Using Survival Analysis (생존분석을 이용한 디스플레이 FAB의 반송시간 예측모형)

  • Han, Paul;Baek, Jun Geol
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.40 no.3
    • /
    • pp.283-290
    • /
    • 2014
  • In the flat panel display industry, to meet production target quantities and the deadline of production, the scheduler and dispatching systems are major production management systems which control the order of facility production and the distribution of WIP (Work In Process). Especially the delivery time is a key factor of the dispatching system for the time when a lot can be supplied to the facility. In this paper, we use survival analysis methods to identify main factors of the delivery time and to build the delivery time forecasting model. To select important explanatory variables, the cox proportional hazard model is used to. To make a prediction model, the accelerated failure time (AFT) model was used. Performance comparisons were conducted with two other models, which are the technical statistics model based on transfer history and the linear regression model using same explanatory variables with AFT model. As a result, the mean square error (MSE) criteria, the AFT model decreased by 33.8% compared to the statistics prediction model, decreased by 5.3% compared to the linear regression model. This survival analysis approach is applicable to implementing the delivery time estimator in display manufacturing. And it can contribute to improve the productivity and reliability of production management system.

QUALITY ASSURANCE IN ROADWAY PAVEMENT CONSTRUCTION

  • Myung Goo Jeong;Younghan Jung
    • International conference on construction engineering and project management
    • /
    • 2013.01a
    • /
    • pp.596-601
    • /
    • 2013
  • In the current pavement construction practice, the state agencies traditionally determine the quality of the as-constructed pavement mix based on individual mixture material parameters (e.g., air voids, cement or asphalt content, aggregate gradation, etc.) and consider these parameters as key variables to influence payment schedule to the contractors and the present and future quality of the as-constructed mixture. A set of empirically pre-determined pay adjustment schedule for each parameter that was differently developed and being used by the individual agencies is then applied to a given project, in order to judge whether each parameter conforms to the designated specifications and consequently the contractor may either be rewarded or penalized in accordance with the payment schedule. With an improved quality assurance system, the Performance Related Specification, the individual parameters are not utilized as a direct judgment factor; rather, they become independent variables within a performance prediction function which is directly used to predict the performance. The quantified performance based on the prediction model is then applied to evaluate the pavement quality. This paper presents the brief history of the quality assurance in asphalt pavement construction including the Performance Related Specifications, statistical performance models in terms of fatigue and rutting distresses, as an example of the performance prediction models, and envisions the possibilities as to how this Performance Related Specification could be utilized in other infrastructures construction quality assurance.

  • PDF