Developing Predictive Models using Typical Machine Learning and Computational Techniques

摘要

This study investigates the accuracy of developing predictive models using machine learning techniques. The machine learning techniques considered in this study include artificial neural network (ANN) and Kalman filter adaptation algorithm. Predictive values are computed based on these techniques. These techniques are tested on daily electricity consumption data and are computed using ANN technique and Kalman filter adaptation algorithm. The accuracy of the predicted values of these techniques are investigated using statistical parameters. This research identified Kalman technique as more accurate in making predictions than ANN technique.