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Uncertainty Weakening of GM(1,1) Model.

Authors :
Chaoqing Yuan
Ding Chen
Sifeng Liu
Zhigeng Fang
Source :
Journal of Grey System. 2016, Vol. 28 Issue 3, p15-25. 11p.
Publication Year :
2016

Abstract

In the real world, the observations or statistical data are known as white numbers, but they are grey which means that they deviate from the true values because of disturbances and errors. And this paper applied random simulations to reveal that GM(1,1) mode! can weaken these disturbances or uncertainty. The exponential sequences with different development coefficients and random disturbances are generated randomly, and the sequences are used for GM(1,1) modeling, and then the mean absolute percentage errors (MAPEs) of the modeling are compared and analyzed. It is found that the MAPEs between fitted values and real values are smaller than those between the original values and real values, which shows that GM(1,1) model can weaken uncertainty. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09573720
Volume :
28
Issue :
3
Database :
Academic Search Index
Journal :
Journal of Grey System
Publication Type :
Academic Journal
Accession number :
117048177