Please use this identifier to cite or link to this item:
|Title:||Predictive Analytics: A Comparative Study of Expert Modeler Vs ANN Models in Econometric Analysis|
Time Series Analysis
Consumer Price Index
|Publisher:||Institute of Electrical and Electronics Engineers Inc.|
|Abstract:||Predictive analytics is a part of advanced analytics where extensive use of techniques like statistical modelling, machine learning and artificial intelligence are found. Predictive analytics are mainly used for predicting the future events and values including financial and econometric analysis. Consumer Price Index (CPI) is one such economic indicator that reflects the economic condition and inflation rate of the country. Many statistical and AI based techniques are being used to forecast CPI. This paper presents a comparative study and analysis of forecasting the CPI values of India for eight products using SPSS Expert Modeler and Artificial Neural Network (ANN). The results show that though SPSS is much used and most preferable for time series analysis but still there are some cases where ANN performs much better than SPSS.|
|Appears in Collections:||Conferences|
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.