IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

An Enhanced Artificial Bee Colony Optimizer for Predictive Analysis of Heating Oil Prices using Least Squares Support Vector Machines

An Enhanced Artificial Bee Colony Optimizer for Predictive Analysis of Heating Oil Prices using Least Squares Support Vector Machines
View Sample PDF
Author(s): Zuriani Mustaffa (Universiti Utara Malaysia (UUM), Malaysia), Yuhanis Yusof (Universiti Utara Malaysia (UUM), Malaysia)and Siti Sakira Kamaruddin (Universiti Utara Malaysia (UUM), Malaysia)
Copyright: 2014
Pages: 25
Source title: Biologically-Inspired Techniques for Knowledge Discovery and Data Mining
Source Author(s)/Editor(s): Shafiq Alam (University of Auckland, New Zealand), Gillian Dobbie (University of Auckland, New Zealand), Yun Sing Koh (University of Auckland, New Zealand)and Saeed ur Rehman (Unitec Institute of Technology, New Zealand)
DOI: 10.4018/978-1-4666-6078-6.ch007

Purchase


Abstract

As energy fuels play a significant role in many parts of human life, it is of great importance to have an effective price predictive analysis. In this chapter, the hybridization of Least Squares Support Vector Machines (LSSVM) with an enhanced Artificial Bee Colony (eABC) is proposed to meet the challenge. The eABC, which serves as an optimization tool for LSSVM, is enhanced by two types of mutations, namely the Levy mutation and the conventional mutation. The Levy mutation is introduced to keep the model from falling into local minimum while the conventional mutation prevents the model from over-fitting and/or under-fitting during learning. Later, the predictive analysis is followed by the LSSVM. Realized in predictive analysis of heating oil prices, the empirical findings not only manifest the superiority of eABC-LSSVM in prediction accuracy but also poses an advantage to escape from premature convergence.

Related Content

. © 2023. 34 pages.
. © 2023. 15 pages.
. © 2023. 15 pages.
. © 2023. 18 pages.
. © 2023. 24 pages.
. © 2023. 32 pages.
. © 2023. 21 pages.
Body Bottom