Applications of Wavelet Neural Networks in Time Series Forecasting

Foresight in an engineering enterprise can make the difference between success and failure, and can be vital to the effective control of industrial systems. Applying time series analysis in the on-line milieu of most industrial plants has been problematic owing to the time and computational effort required. The advent of soft computing tools offers a solution.

The past fifteen years has witnessed an explosive growth in the fundamental research and applications of artificial neural networks (ANNs) and fuzzy logic (FL). The main impetus behind this growth has been the ability of such methods to offer solutions not amenable to conventional techniques, particularly in application domains involving pattern recognition, prediction and control. Although the origins of ANNs and FL may be traced back to the 1940s and 1960s, respectively, the most rapid progress has only been achieved in the last fifteen years.

This book aims to provide readers with the current information, developments, and trends in a time series analysis, particularly in time series data patterns, technical methodologies, and real-world applications. The concepts and techniques contained in this book cover topics in time series research that will be of interest to students, researchers, practitioners, and professors in time series forecasting and classification, data analytics, machine learning, deep learning, and artificial intelligence.

Boost your data science skills - learn to build and train complex neural network using the R program

Boost your data science skills - learn to build and train complex neural network using the R program