Gasoline price forecasting: An application of LSSVM with improved ABC

Optimizing the hyper-parameters of Least Squares Support Vector Machines (LSSVM) is crucial as it will directly influence the predictive power of the algorithm.To tackle such issue, this study proposes an improved Artificial Bee Colony (IABC) algorithm which is based on conventional mutation.The IAB...

Full description

Bibliographic Details
Main Authors: Mustaffa, Zuriani, Yusof, Yuhanis, Kamaruddin, Siti Sakira
Format: Conference or Workshop Item
Language:English
Published: Elsevier Ltd. 2014
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/14831/1/1-s2.0RG.pdf
_version_ 1825803429649317888
author Mustaffa, Zuriani
Yusof, Yuhanis
Kamaruddin, Siti Sakira
author_facet Mustaffa, Zuriani
Yusof, Yuhanis
Kamaruddin, Siti Sakira
author_sort Mustaffa, Zuriani
collection UUM
description Optimizing the hyper-parameters of Least Squares Support Vector Machines (LSSVM) is crucial as it will directly influence the predictive power of the algorithm.To tackle such issue, this study proposes an improved Artificial Bee Colony (IABC) algorithm which is based on conventional mutation.The IABC serves as an optimizer for LSSVM.Realized in gasoline price forecasting, the performance is guided based on Mean Absolute Percentage Error (MAPE) and Root Mean Square Percentage Error (RMSPE).The conducted simulation results show that, the proposed IABCLSSVM outperforms the results produced by ABC-LSSVM and also the Back Propagation Neural Network.
first_indexed 2024-07-04T05:56:53Z
format Conference or Workshop Item
id uum-14831
institution Universiti Utara Malaysia
language English
last_indexed 2024-07-04T05:56:53Z
publishDate 2014
publisher Elsevier Ltd.
record_format eprints
spelling uum-148312016-05-23T07:26:52Z https://repo.uum.edu.my/id/eprint/14831/ Gasoline price forecasting: An application of LSSVM with improved ABC Mustaffa, Zuriani Yusof, Yuhanis Kamaruddin, Siti Sakira QA76 Computer software Optimizing the hyper-parameters of Least Squares Support Vector Machines (LSSVM) is crucial as it will directly influence the predictive power of the algorithm.To tackle such issue, this study proposes an improved Artificial Bee Colony (IABC) algorithm which is based on conventional mutation.The IABC serves as an optimizer for LSSVM.Realized in gasoline price forecasting, the performance is guided based on Mean Absolute Percentage Error (MAPE) and Root Mean Square Percentage Error (RMSPE).The conducted simulation results show that, the proposed IABCLSSVM outperforms the results produced by ABC-LSSVM and also the Back Propagation Neural Network. Elsevier Ltd. 2014 Conference or Workshop Item PeerReviewed application/pdf en cc_by https://repo.uum.edu.my/id/eprint/14831/1/1-s2.0RG.pdf Mustaffa, Zuriani and Yusof, Yuhanis and Kamaruddin, Siti Sakira (2014) Gasoline price forecasting: An application of LSSVM with improved ABC. In: 2nd International Conference on Innovation, Management and Technology Research, 22 – 23 September, 2013, Klana Resort, Negeri Sembilan, Malaysia. http://doi.org/10.1016/j.sbspro.2014.03.718 doi:10.1016/j.sbspro.2014.03.718 doi:10.1016/j.sbspro.2014.03.718
spellingShingle QA76 Computer software
Mustaffa, Zuriani
Yusof, Yuhanis
Kamaruddin, Siti Sakira
Gasoline price forecasting: An application of LSSVM with improved ABC
title Gasoline price forecasting: An application of LSSVM with improved ABC
title_full Gasoline price forecasting: An application of LSSVM with improved ABC
title_fullStr Gasoline price forecasting: An application of LSSVM with improved ABC
title_full_unstemmed Gasoline price forecasting: An application of LSSVM with improved ABC
title_short Gasoline price forecasting: An application of LSSVM with improved ABC
title_sort gasoline price forecasting an application of lssvm with improved abc
topic QA76 Computer software
url https://repo.uum.edu.my/id/eprint/14831/1/1-s2.0RG.pdf
work_keys_str_mv AT mustaffazuriani gasolinepriceforecastinganapplicationoflssvmwithimprovedabc
AT yusofyuhanis gasolinepriceforecastinganapplicationoflssvmwithimprovedabc
AT kamaruddinsitisakira gasolinepriceforecastinganapplicationoflssvmwithimprovedabc