Title :
The grey interval prediction method and its reliability
Author :
Yinao Wang ; Lifeng Wu
Author_Institution :
Sch. of Econ., Huazhong Univ. of Sci. & Technol., Wuhan, China
Abstract :
The interval forecasting prediction interval and its reliability is discussed. A forecasting method puts forward a process of prediction interval. It also elaborates on the meaning of interval (the probability of the prediction interval including the real value of predicted variable). The prediction interval is categorized into three types. Three axioms that construction predicted interval must satisfy are put forward. Grey wrapping band forecasting method is improved based on the proposed axioms.
Keywords :
forecasting theory; grey systems; probability; reliability theory; axioms; forecasting prediction interval; grey interval prediction method; grey wrapping band forecasting method; predicted variable; probability; reliability; Educational institutions; Forecasting; Indexes; Prediction methods; Reliability theory; Wrapping; grey interval prediction; grey wrapping band; reliability;
Conference_Titel :
Grey Systems and Intelligent Services, 2013 IEEE International Conference on
Conference_Location :
Macao
Print_ISBN :
978-1-4673-5247-5
DOI :
10.1109/GSIS.2013.6714748
