Development of intelligent hybrid learning system using clustering and knowledge-based neural networks for economic forecasting : First phase

The economic forecasting environment is currently undergoing drastic changes and has a complex and challenging task.Practically, people design a database application or use a statistical package to conduct the analysis on the data.Former approach can be done on the online data, but it must be develo...

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Main Authors: Che Mat @ Mohd Shukor, Zamzarina, Md Sap, Mohd Noor
Format: Conference or Workshop Item
Language:English
Published: 2004
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/13907/1/KM184.pdf
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author Che Mat @ Mohd Shukor, Zamzarina
Md Sap, Mohd Noor
author_facet Che Mat @ Mohd Shukor, Zamzarina
Md Sap, Mohd Noor
author_sort Che Mat @ Mohd Shukor, Zamzarina
collection UUM
description The economic forecasting environment is currently undergoing drastic changes and has a complex and challenging task.Practically, people design a database application or use a statistical package to conduct the analysis on the data.Former approach can be done on the online data, but it must be developed after stating the goal of analysis, which means it only possible for a limited and specific purpose.Whereas the statistical approach must be done for the offline data, however it can lead to the missing pattern and undiscovered knowledge from the available data (Shan, C., 1998).For the effort to extract implicit, previously unknown, hidden and potentially useful information from raw data in an automatic fashion, leads us to the usage of data mining technique that receives big attention from the researchers recently.This paper proposed the issues of joint clustering and knowledge-based neural networks techniques as the application for point forecast decision making.Future prediction (e.g., political condition, corporation factors, macro economy factors, and psychological factors of investors) perform an important rule in Stock Exchange, so in our prediction model we will be able to predict results more precisely. We proposed KMeans clustering algorithm that is based on multidimensional scaling, joined with neural knowledge based technique algorithm for supporting the learning module to generate interesting clusters that will generate interesting rules for extracting knowledge from stock exchange databases efficiently and accurately.
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spelling uum-139072015-05-12T02:42:37Z https://repo.uum.edu.my/id/eprint/13907/ Development of intelligent hybrid learning system using clustering and knowledge-based neural networks for economic forecasting : First phase Che Mat @ Mohd Shukor, Zamzarina Md Sap, Mohd Noor TK Electrical engineering. Electronics Nuclear engineering The economic forecasting environment is currently undergoing drastic changes and has a complex and challenging task.Practically, people design a database application or use a statistical package to conduct the analysis on the data.Former approach can be done on the online data, but it must be developed after stating the goal of analysis, which means it only possible for a limited and specific purpose.Whereas the statistical approach must be done for the offline data, however it can lead to the missing pattern and undiscovered knowledge from the available data (Shan, C., 1998).For the effort to extract implicit, previously unknown, hidden and potentially useful information from raw data in an automatic fashion, leads us to the usage of data mining technique that receives big attention from the researchers recently.This paper proposed the issues of joint clustering and knowledge-based neural networks techniques as the application for point forecast decision making.Future prediction (e.g., political condition, corporation factors, macro economy factors, and psychological factors of investors) perform an important rule in Stock Exchange, so in our prediction model we will be able to predict results more precisely. We proposed KMeans clustering algorithm that is based on multidimensional scaling, joined with neural knowledge based technique algorithm for supporting the learning module to generate interesting clusters that will generate interesting rules for extracting knowledge from stock exchange databases efficiently and accurately. 2004-02-14 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/13907/1/KM184.pdf Che Mat @ Mohd Shukor, Zamzarina and Md Sap, Mohd Noor (2004) Development of intelligent hybrid learning system using clustering and knowledge-based neural networks for economic forecasting : First phase. In: Knowledge Management International Conference and Exhibition 2004 (KMICE 2004), 14-15 February 2004, Evergreen Laurel Hotel, Penang. http://www.kmice.cms.net.my
spellingShingle TK Electrical engineering. Electronics Nuclear engineering
Che Mat @ Mohd Shukor, Zamzarina
Md Sap, Mohd Noor
Development of intelligent hybrid learning system using clustering and knowledge-based neural networks for economic forecasting : First phase
title Development of intelligent hybrid learning system using clustering and knowledge-based neural networks for economic forecasting : First phase
title_full Development of intelligent hybrid learning system using clustering and knowledge-based neural networks for economic forecasting : First phase
title_fullStr Development of intelligent hybrid learning system using clustering and knowledge-based neural networks for economic forecasting : First phase
title_full_unstemmed Development of intelligent hybrid learning system using clustering and knowledge-based neural networks for economic forecasting : First phase
title_short Development of intelligent hybrid learning system using clustering and knowledge-based neural networks for economic forecasting : First phase
title_sort development of intelligent hybrid learning system using clustering and knowledge based neural networks for economic forecasting first phase
topic TK Electrical engineering. Electronics Nuclear engineering
url https://repo.uum.edu.my/id/eprint/13907/1/KM184.pdf
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