Fuzzy Time Series Forecasting Based On K-Means Clustering

Abstract

Many forecasting models based on the concepts of Fuzzy time series have been proposed in the past decades. These models have been widely applied to various problem domains, especially in dealing with forecasting problems in which historical data are linguistic values. In this paper, we present a new fuzzy time series forecasting model, which uses the historical data as the universe of discourse and uses the K-means clustering algorithm to cluster the universe of discourse, then adjust the clusters into intervals. The proposed method is applied for forecasting University enrollment of Alabama. It is shown that the proposed model achieves a significant improvement in forecasting accuracy as compared to other fuzzy time series forecasting models.

Share and Cite:

Zhang, Z. and Zhu, Q. (2012) Fuzzy Time Series Forecasting Based On K-Means Clustering. Open Journal of Applied Sciences, 2, 100-103. doi: 10.4236/ojapps.2012.24B024.

Conflicts of Interest

The authors declare no conflicts of interest.

References

[1] Q. Song, B.S. Chissom, “Forecasting enrollments with fuzzy time series—Part I”, Fuzzy Sets and Systems, 54 (1993b) 1-10.
[2] Q. Song, B.S. Chissom, “Forecasting enrollments with fuzzy time series—Part II”, Fuzzy Sets and Systems, 62 (1994) 1-8.
[3] S. M. Chen, “Forecasting enrollments based on fuzzy time series”, Fuzzy Sets and Systems, 81 (1996) 311-319.
[4] J. R. H Wang, S. M. Chen, C. H. Lee, “:Handing forecasting problems using fuzzy time series”, Fuzzy Sets and Systems, 100 (1998) 217-228.
[5] K. Huarng, “Heuristic models of fuzzy time series for forecasting”, Fuzzy Sets and Systems, 123 (2001) 369-386.
[6] T. A. Jilani, S. M. A. Burney, C. Ardil, “ Fuzzy metric approach for fuzzy time series forecasting based on frequency density based partitioning”, In: Proceedings of World Academy of Science, Engineering and Technology 23 (2009) 1307-6884.

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.