Decomposition-integration-based prediction study on the development trend of film industry

Movies have the unique ability to both generate income and spread culture, thus predicting the direction of the film industry's growth has garnered a lot of interest. Given the volatility of the movie industry's entire box office revenue dataset and the peculiarities of tiny samples, this...

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Main Authors: Yuan Ni, Siyuan Li
Format: Article
Language:English
Published: Elsevier 2023-11-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844023084190
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author Yuan Ni
Siyuan Li
author_facet Yuan Ni
Siyuan Li
author_sort Yuan Ni
collection DOAJ
description Movies have the unique ability to both generate income and spread culture, thus predicting the direction of the film industry's growth has garnered a lot of interest. Given the volatility of the movie industry's entire box office revenue dataset and the peculiarities of tiny samples, this article incorporates the decomposition-integration notion to build the EEMD-PSO-LSSVM model movie box office prediction model. The historical box office data are first broken down into many components using the ensemble empirical modal decomposition technique, and then, distinct sequences are predicted using the least squares support vector machine prediction method with particle swarm optimization, and ultimately, the predictions for each sequence are combined. The experimental results demonstrate the effectiveness of the decomposition-integration technique in illustrating the data fluctuation characteristics of quarterly movie box office revenues. When compared to other models, the model proposed in this study has clear advantages in the problem of predicting the time series data of box office revenues that are non-linear, non-smooth, and non-large samples.
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spelling doaj.art-8e699e9c07a54bbfb8c501c47a5a1a6d2023-12-02T07:01:29ZengElsevierHeliyon2405-84402023-11-01911e21211Decomposition-integration-based prediction study on the development trend of film industryYuan Ni0Siyuan Li1School of Economics and Management, Beijing Information Science and Technology University, 12 Xiaoying East Road, Haidian District, Beijing, PR China; Beijing Key Laboratory of Green Development Big Data Decision Making, 12 Xiaoying East Road, Haidian District, Beijing, PR ChinaSchool of Economics and Management, Beijing Information Science and Technology University, 12 Xiaoying East Road, Haidian District, Beijing, PR China; Corresponding author.Movies have the unique ability to both generate income and spread culture, thus predicting the direction of the film industry's growth has garnered a lot of interest. Given the volatility of the movie industry's entire box office revenue dataset and the peculiarities of tiny samples, this article incorporates the decomposition-integration notion to build the EEMD-PSO-LSSVM model movie box office prediction model. The historical box office data are first broken down into many components using the ensemble empirical modal decomposition technique, and then, distinct sequences are predicted using the least squares support vector machine prediction method with particle swarm optimization, and ultimately, the predictions for each sequence are combined. The experimental results demonstrate the effectiveness of the decomposition-integration technique in illustrating the data fluctuation characteristics of quarterly movie box office revenues. When compared to other models, the model proposed in this study has clear advantages in the problem of predicting the time series data of box office revenues that are non-linear, non-smooth, and non-large samples.http://www.sciencedirect.com/science/article/pii/S2405844023084190Film industrySituation predictionDecomposition-integrationEEMD
spellingShingle Yuan Ni
Siyuan Li
Decomposition-integration-based prediction study on the development trend of film industry
Heliyon
Film industry
Situation prediction
Decomposition-integration
EEMD
title Decomposition-integration-based prediction study on the development trend of film industry
title_full Decomposition-integration-based prediction study on the development trend of film industry
title_fullStr Decomposition-integration-based prediction study on the development trend of film industry
title_full_unstemmed Decomposition-integration-based prediction study on the development trend of film industry
title_short Decomposition-integration-based prediction study on the development trend of film industry
title_sort decomposition integration based prediction study on the development trend of film industry
topic Film industry
Situation prediction
Decomposition-integration
EEMD
url http://www.sciencedirect.com/science/article/pii/S2405844023084190
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