• Title/Summary/Keyword: seasonal time series model

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Application to Evaluation of Hydrologic Time Series Forecasting for Long-Term Runoff Simulation (장기유출모의를 위한 수문시계열 예측모형의 적용성 평가)

  • Yoon, Sun-Kwon;Ahn, Jae-Hyun;Kim, Jong-Suk;Moon, Young-Il
    • Journal of Korea Water Resources Association
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    • v.42 no.10
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    • pp.809-824
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    • 2009
  • Hydrological system forecasting, which is the short term runoff historical data during the limited period in dam site, is a conditional precedent of hydrological persistence by stochastic analysis. We have forecasted the monthly hydrological system from Andong dam basin data that is the rainfall, evaporation, and runoff, using the seasonal ARIMA (autoregressive integrated moving average) model. Also we have conducted long term runoff simulations through the forecasted results of TANK model and ARIMA+TANK model. The results of analysis have been concurred to the observation data, and it has been considered for application to possibility on the stochastic model for dam inflow forecasting. Thus, the method presented in this study suggests a help to water resource mid- and long-term strategy establishment to application for runoff simulations through the forecasting variables of hydrological time series on the relatively short holding runoff data in an object basins.

Prediction of the Corona 19's Domestic Internet and Mobile Shopping Transaction Amount

  • JEONG, Dong-Bin
    • The Journal of Economics, Marketing and Management
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    • v.9 no.2
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    • pp.1-10
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    • 2021
  • Purpose: In this work, we examine several time series models to predict internet and mobile transaction amount in South Korea, whereas Jeong (2020) has obtained the optimal forecasts for online shopping transaction amount by using time series models. Additionally, optimal forecasts based on the model considered can be calculated and applied to the Corona 19 situation. Research design, data, and methodology: The data are extracted from the online shopping trend survey of the National Statistical Office, and homogeneous and comparable in size based on 46 realizations sampled from January 2007 to October 2020. To achieve the goal of this work, both multiplicative ARIMA model and Holt-Winters Multiplicative seasonality method are taken into account. In addition, goodness-of-fit measures are used as crucial tools of the appropriate construction of forecasting model. Results: All of the optimal forecasts for the next 12 months for two online shopping transactions maintain a pattern in which the slope increases linearly and steadily with a fixed seasonal change that has been subjected to seasonal fluctuations. Conclusions: It can be confirmed that the mobile shopping transactions is much larger than the internet shopping transactions for the increase in trend and seasonality in the future.

Weekly maximum power demand forecasting using model in consideration of temperature estimation (기온예상치를 고려한 모델에 의한 주간최대전력수요예측)

  • 고희석;이충식;김종달;최종규
    • The Transactions of the Korean Institute of Electrical Engineers
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    • v.45 no.4
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    • pp.511-516
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    • 1996
  • In this paper, weekly maximum power demand forecasting method in consideration of temperature estimation using a time series model was presented. The method removing weekly, seasonal variations on the load and irregularities variation due to unknown factor was presented. The forecasting model that represent the relations between load and temperature which get a numeral expected temperature based on the past 30 years(1961~1990) temperature was constructed. Effect of holiday was removed by using a weekday change ratio, and irregularities variation was removed by using an autoregressive model. The results of load forecasting show the ability of the method in forecasting with good accuracy without suffering from the effect of seasons and holidays. Percentage error load forecasting of all seasons except summer was obtained below 2 percentage. (author). refs., figs., tabs.

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A Machine Learning Univariate Time series Model for Forecasting COVID-19 Confirmed Cases: A Pilot Study in Botswana

  • Mphale, Ofaletse;Okike, Ezekiel U;Rafifing, Neo
    • International Journal of Computer Science & Network Security
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    • v.22 no.1
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    • pp.225-233
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    • 2022
  • The recent outbreak of corona virus (COVID-19) infectious disease had made its forecasting critical cornerstones in most scientific studies. This study adopts a machine learning based time series model - Auto Regressive Integrated Moving Average (ARIMA) model to forecast COVID-19 confirmed cases in Botswana over 60 days period. Findings of the study show that COVID-19 confirmed cases in Botswana are steadily rising in a steep upward trend with random fluctuations. This trend can also be described effectively using an additive model when scrutinized in Seasonal Trend Decomposition method by Loess. In selecting the best fit ARIMA model, a Grid Search Algorithm was developed with python language and was used to optimize an Akaike Information Criterion (AIC) metric. The best fit ARIMA model was determined at ARIMA (5, 1, 1), which depicted the least AIC score of 3885.091. Results of the study proved that ARIMA model can be useful in generating reliable and volatile forecasts that can used to guide on understanding of the future spread of infectious diseases or pandemics. Most significantly, findings of the study are expected to raise social awareness to disease monitoring institutions and government regulatory bodies where it can be used to support strategic health decisions and initiate policy improvement for better management of the COVID-19 pandemic.

A Study on the Demand Forecasting and Efficient Operation of Jeju National Airport using seasonal ARIMA model (계절 ARIMA 모형을 이용한 제주공항 여객 수요예측 및 효율적 운영에 관한 연구)

  • Kim, Kyung-Bum;Hwang, Kyung-Soo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.8
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    • pp.3381-3388
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    • 2012
  • This research is to find out the method appropriate for the forecasting of passennger demand using seasonal ARIMA model and efficient operation in Jeju National Airport. Time series monthly data for the investigation were collected ranging from January 2003 to December 2011. A total of 108 observations were used for data analysis. Research findings showed that the multiplicative seasonal ARIMA(0.1.2)(0.1.1)12 model is appropriate model. The number of passengers in Jeju National Airport will continue to rise, it was expected to surpass 20 million people.

Forecasting of Foreign Tourism demand in Kyeongju (경주지역 외국인 관광수요 예측)

  • Son, Eun Ho;Park, Duk Byeong
    • Journal of Agricultural Extension & Community Development
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    • v.20 no.2
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    • pp.511-533
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    • 2013
  • The study used a seasonal ARIMA model to forecast the number of tourists to Kyeongju foreign in a uni-variable time series. Time series monthly data for the investigation were collected ranging from 1995 to 2010. A total of 192 observations were used for data analysis. The date showed that a big difference existed between on-season and off-season of the number of foreign tourists in Kyeongju. In the forecast multiplicative seasonal ARIMA(1,1,0) $(4,0,0)_{12}$ model was found the most appropriate model. Results show that the number of tourists was 694 thousands in 2011, 715 thousands in 2012, 725 thousands in 2013, 738 thousands in 2014, and 884 thousands in 2015. It was suggested that the grasping of the Kyeongju forecast model was very important in respect of how experts in tourism development, policy makers or planners would establish marketing strategies to allocate services in Kyeongju as a tourist destination and provide tourism facilities efficiently.

A Modeling of Daily Temperature in Seoul using GLM Weather Generator (GLM 날씨 발생기를 이용한 서울지역 일일 기온 모형)

  • Kim, Hyeonjeong;Do, Hae Young;Kim, Yongku
    • The Korean Journal of Applied Statistics
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    • v.26 no.3
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    • pp.413-420
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    • 2013
  • Stochastic weather generator is a commonly used tool to simulate daily weather time series. Recently, a generalized linear model(GLM) has been proposed as a convenient approach to tting these weather generators. In the present paper, a stochastic weather generator is considered to model the time series of daily temperatures for Seoul South Korea. As a covariate, precipitation occurrence is introduced to a relate short-term predictor to short-term predictands. One of the limitations of stochastic weather generators is a marked tendency to underestimate the observed interannual variance of monthly, seasonal, or annual total precipitation. To reduce this phenomenon, we incorporate a time series of seasonal mean temperatures in the GLM weather generator as a covariate.

Deep Learning Based Prediction Method of Long-term Photovoltaic Power Generation Using Meteorological and Seasonal Information (기후 및 계절정보를 이용한 딥러닝 기반의 장기간 태양광 발전량 예측 기법)

  • Lee, Donghun;Kim, Kwanho
    • The Journal of Society for e-Business Studies
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    • v.24 no.1
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    • pp.1-16
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    • 2019
  • Recently, since responding to meteorological changes depending on increasing greenhouse gas and electricity demand, the importance prediction of photovoltaic power (PV) is rapidly increasing. In particular, the prediction of PV power generation may help to determine a reasonable price of electricity, and solve the problem addressed such as a system stability and electricity production balance. However, since the dynamic changes of meteorological values such as solar radiation, cloudiness, and temperature, and seasonal changes, the accurate long-term PV power prediction is significantly challenging. Therefore, in this paper, we propose PV power prediction model based on deep learning that can be improved the PV power prediction performance by learning to use meteorological and seasonal information. We evaluate the performances using the proposed model compared to seasonal ARIMA (S-ARIMA) model, which is one of the typical time series methods, and ANN model, which is one hidden layer. As the experiment results using real-world dataset, the proposed model shows the best performance. It means that the proposed model shows positive impact on improving the PV power forecast performance.

Forecasting Passenger Transport Demand Using Seasonal ARIMA Model - Focused on Joongang Line (계절 ARIMA 모형을 이용한 여객수송수요 예측: 중앙선을 중심으로)

  • Kim, Beom-Seung
    • Journal of the Korean Society for Railway
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    • v.17 no.4
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    • pp.307-312
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    • 2014
  • This study suggested the ARIMA model taking into consideration the seasonal characteristic factor as a method for efficiently forecasting passenger transport demand of the Joongang Line. The forecasting model was built including the demand for the central inland region tourist train (O-train, V-train), which was opened to traffic in April-, 2013 and run in order to reflect the recent demand for the tourism industry. By using the monthly time series data (103) from January-, 2005 to July-, 2013, the optimum model was selected. The forecasting results of passenger transport demand of the Joongang Line showed continuous increase. The developed model forecasts the short-term demand of the Joongang Line.

A Time Series Analysis for the Monthly Variation of $SO_2$ in the Certain Areas (ARIMA model에 의한 서울시 일부지역 $SO_2$ 오염도의 월변화에 대한 시계열분석)

  • Kim, Kwang-Jin;Lee, Sang-Hun;Chung, Yong
    • Journal of Korean Society for Atmospheric Environment
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    • v.4 no.2
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    • pp.72-81
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    • 1988
  • The typical ARIMA model which was developed by Box and Jenkins, was applied to the monthly $SO_2$ data collected at Seoungsoo and Oryudong in metropolitan area over five years, 1982 to 1986. To find out the changing pattern of $SO_2$ concentration, autocorrelation and partial autocorrelation analysis were undertaken. The three steps of time series model building were followed and the residual series was found to be a random white noise. The results of this study is summarized as follows. 1) The monthly $SO_2$ series was found to be a non-stationary series which which has a periodicity of 12 months. After eliminating the periodicity by differencing, the monthly $SO_2$ series became a stationary series. 2) The ARIMA seasonal model of the $SO_2$ was determined to be ARIMA $(1, 0, 0)(0, 1, 0,)_{12}$ model. 3) The model equations based on the prediction were: for Seoungsoodong: $Y_t = 0.5214Y_{t-1} + Y_{t-12} - 0.5214Y_{t-13} + a_t$ for Oryudong: $Y_t = 0.8549Y_{t-1} + Y_{t-12} - 0.8549Y_{t-13} + a_t$ 4) The validity of the model identified was checked by compairing the measured $SO_2$ values and one-month-ahead predicted values. The result of correlation and regression analysis is as follows. Seoungsoodong: $Y = 0.8710X + 0.0062 r = 0.8768$ Oryudong : $Y = 0.8758X + 0.0073 r = 0.9512$

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