• Journal of Korea Society of Digital Industry and Information Management
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• v.18 no.3
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• pp.75-82
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• 2022

The purpose of the Consumer sentiment index survey is to determine the consumer's economic situation and consumption spending plan, and it is used as basic data for diagnosing economic phenomena and forecasting the future economic direction. The purpose of this paper is to analyze and predict the future Consumer sentiment index using the ARMA model based on the past consumer index. Consumer sentiment index is determined according to consumer trends, so it can reflect consumer realities. The consumer sentiment index is greatly influenced by economic indicators such as the base interest rate and consumer price index, as well as various external economic factors. If the consumer sentiment index, which fluctuates greatly due to consumer economic conditions, can be predicted, it will be useful information for households, businesses, and policy authorities. This study predicted the Consumer sentiment index for the next 3 years (36 months in total) by using time series analysis using the ARMA model. As a result of the analysis, it shows a characteristic of repeating an increase or a decrease every month according to the consumer trend. This study provides empirical results of prediction of Consumer sentiment index through statistical techniques, and has a contribution to raising the need for policy authorities to prepare flexible operating policies in line with economic trends.

• KIPS Transactions on Software and Data Engineering
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• v.8 no.3
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• pp.123-128
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• 2019

This paper proposes the stock price prediction based on the artificial intelligence, where the model with recurrent convolution neural network (RCNN) layers is adopted. In the motivation of this prediction, long short-term memory model (LSTM)-based neural network can make the output of the time series prediction. On the other hand, the convolution neural network provides the data filtering, averaging, and augmentation. By combining the advantages mentioned above, the proposed technique predicts the estimated stock price of next day. In addition, in order to emphasize the recent time series, a custom weighted loss function is adopted. Moreover, stock data related to the stock price index are adopted to consider the market trends. In the experiments, the proposed stock price prediction reduces the test error by 3.19%, which is over other techniques by about 19%.

• Journal of KIISE:Databases
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• v.34 no.6
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• pp.483-492
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• 2007

Time series of conventional prediction techniques uses the model which is generated from the training step. This model is applied to new input data without any change. If this model is applied directly to stream data, the rate of prediction accuracy will be decreased. This paper proposes an stream data prediction technique using sliding window and regression. This technique considers the characteristic of time series which may be changed over time. It is composed of two steps. The first step executes a fractional process for applying input data to the regression model. The second step updates the model by using its information as new data. Additionally, the model is maintained by only recent data in a queue. This approach has the following two advantages. It maintains the minimum information of the model by using a matrix, so space complexity is reduced. Moreover, it prevents the increment of error rate by updating the model over time. Accuracy rate of the proposed method is measured by RME(Relative Mean Error) and RMSE(Root Mean Square Error). The results of stream data prediction experiment are performed by the proposed technique IMQR(Incremental Multiple Quadratic Regression) is more efficient than those of MLR(Multiple Linear Regression) and SVR(Support Vector Regression).

• The Korean Journal of Applied Statistics
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• v.36 no.1
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• pp.21-32
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• 2023

The amount of money processed in medicine from the Korea Consumer Agency was studied by the various time series models. The medical data set from the Korea Consumer Agency were consisted of counseling, damage relief and conciliation. For the analysis of time series, autoregressive moving average model, vector autoregressive model and the transfer function model were used. We considered the stationarity and cross correlation function for the identification and fitting. As a result, the transfer function model showed a better prediction. Whereas, the vector autoregressive model also provided good information for the degree and duration of the influence of variables.

• Journal of Internet Computing and Services
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• v.24 no.2
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• pp.57-66
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• 2023

Currently, a new energy system is emerging that implements consumption reduction by improving energy efficiency. Accordingly, as smart grids spread, the rate system by timing is expanding. The rate system by timing is a rate system that applies different rates by season/hour to pay according to usage. In this study, external factors such as temperature/day/time/season are considered and the time series prediction model, LSTM, is used to predict energy power usage data. Based on this energy usage prediction model, energy usage charges are reduced by analyzing usage patterns for each device and transferring power energy from the maximum load time to the light load time. In order to analyze the usage pattern for each device, a clustering technique is used to learn and classify the usage pattern of the device by time. In summary, this study predicts usage and usage fees based on the user's power data usage, analyzes usage patterns by device, and provides customized demand transfer services based on analysis, resulting in cost reduction for users.

• Journal of Soil and Groundwater Environment
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• v.19 no.3
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• pp.123-133
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• 2014

It is important to predict the groundwater level fluctuation for effective management of groundwater monitoring system and groundwater resources. In the present study, three different time series models for the prediction of groundwater level in response to rainfall were built, those are transfer function noise model (TFNM), artificial neural network (ANN), and adaptive neuro fuzzy interference system (ANFIS). The models were applied to time series data of Boen, Cheolsan, and Hongcheon stations in National Groundwater Monitoring Network. The result shows that the model performance of ANN and ANFIS was higher than that of TFNM for the present case study. As lead time increased, prediction accuracy decreased with underestimation of peak values. The performance of the three models at Boen station was worst especially for TFNM, where the correlation between rainfall and groundwater data was lowest and the groundwater extraction is expected on account of agricultural activities. The sensitivity analysis for the input structure showed that ANFIS was most sensitive to input data combinations. It is expected that the time series model approach and results of the present study are meaningful and useful for the effective management of monitoring stations and groundwater resources.

• The Journal of the Korea institute of electronic communication sciences
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• v.16 no.2
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• pp.313-318
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• 2021

The advent of the Deep Learning has applied to many industrial and general applications having an impact on our lives these days. Certain type of machine learning model is needed to be designed for a specific problem of field. Recently, there are many instances to solve the various COVID-19 related problems using deep learning model. Therefore, in this paper, a deep learning model for predicting number of outpatients of a hospital in advance is suggested. The suggested deep learning model is designed by using the Keras in Jupyter Notebook. The prediction result is being analyzed with the real data in graph, as well as the loss rate with some validation data to verify either for the underfitting or the overfitting.

• New & Renewable Energy
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• v.18 no.2
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• pp.18-25
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• 2022

In this study, we propose a wind power generation prediction system that applies machine learning and data mining to predict wind power generation. This system increases the utilization rate of new and renewable energy sources. For time-series data, the data set was established by measuring wind speed, wind generation, and environmental factors influencing the wind speed. The data set was pre-processed so that it could be applied appropriately to the model. The prediction system applied the CNN (Convolutional Neural Network) to the data mining process and then used the LSTM (Long Short-Term Memory) to learn and make predictions. The preciseness of the proposed system is verified by comparing the prediction data with the actual data, according to the presence or absence of data mining in the model of the prediction system.

• KDI Journal of Economic Policy
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• v.14 no.1
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• pp.121-145
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• 1992

This paper examines characteristics of time series data related to the construction investment(stationarity and time series components such as secular trend, cyclical fluctuation, seasonal variation, and random change) and surveys predictibility, fitness, and explicability of independent variables of various models to build a short-term construction investment forecasting model suitable for current economic circumstances. Unit root test, autocorrelation coefficient and spectral density function analysis show that related time series data do not have unit roots, fluctuate cyclically, and are largely explicated by lagged variables. Moreover it is very important for the short-term construction investment forecasting to grasp time lag relation between construction investment series and leading indicators such as building construction permits and value of construction orders received. In chapter 3, we explicate 7 forecasting models; Univariate time series model (ARIMA and multiplicative linear trend model), multivariate time series model using leading indicators (1st order autoregressive model, vector autoregressive model and error correction model) and multivariate time series model using National Accounts data (simple reduced form model disconnected from simultaneous macroeconomic model and VAR model). These models are examined by 4 statistical tools that are average absolute error, root mean square error, adjusted coefficient of determination, and Durbin-Watson statistic. This analysis proves two facts. First, multivariate models are more suitable than univariate models in the point that forecasting error of multivariate models tend to decrease in contrast to the case of latter. Second, VAR model is superior than any other multivariate models; average absolute prediction error and root mean square error of VAR model are quitely low and adjusted coefficient of determination is higher. This conclusion is reasonable when we consider current construction investment has sustained overheating growth more than secular trend.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.55 no.7
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• pp.273-280
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• 2006

This paper suggests the method that forecasts Dynamic Line Rating (DLR). Thermal Overload Risk Probability (TORP) of the next time is forecasted based on the present weather conditions and DLR value by Monte Carlo Simulation (MCS). To model weather elements of transmission line for MCS process, this paper will propose the use of statistical weather models that time series is applied. Also, through the case study, it is confirmed that the forecasted TORP can be utilized as a criterion that decides DLR of next time. In short, proposed method may be used usefully to keep security and reliability of transmission line by forecasting transmission capacity of the next time.