• Title/Summary/Keyword: structural spedification

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COMPARISON OF VARIABLE SELECTION AND STRUCTURAL SPECIFICATION BETWEEN REGRESSION AND NEURAL NETWORK MODELS FOR HOUSEHOLD VEHICULAR TRIP FORECASTING

  • Yi, Jun-Sub
    • Journal of applied mathematics & informatics
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    • v.6 no.2
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    • pp.599-609
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    • 1999
  • Neural networks are explored as an alternative to a regres-sion model for prediction of the number of daily household vehicular trips. This study focuses on contrasting a neural network model with a regression model in term of variable selection as well as the appli-cation of these models for prediction of extreme observations, The differences in the models regarding data transformation variable selec-tion and multicollinearity are considered. The results indicate that the neural network model is a viable alternative to the regression model for addressing both messy data problems and limitation in variable structure specification.