This paper presents a novel method for the forecasting of mean hourly wind speed data using time series analysis. The initial point for this approach is mainly the fact that none of the forecasting approaches for hourly data, that can be found in the literature, based on time series analysis or...

The application of quantitative techniques for the determination of credit worthiness, i.e., the credit scoring, is a major research field for bankers and academics as it can bring about significant savings to finance institutions whilst minimising their exposure to risk. In the current work,...

The frequency of construction litigation has increased over the years, making litigation a costly and time-consuming activity. It is in the interests of all parties to a construction contract to avoid litigation. A tool (Ant Miner) is proposed to predict the outcome of construction litigation,...

In the current work, we consider the applicability of Ant Colony Systems (ACS) to the bankruptcy prediction problem. ACS are nature-based algorithms that mimic the functions of live organisms to find the best performing solution. In our work, ACS are used for the extraction of classification...

En este trabajo se estudia la rentabilidad de la empresa agroalimentaria en Andalucía (España)mediante un conjunto de ratios, elaborados por el Instituto de Estadística de Andalucía a partir de la Central de Balances de Actividades Empresariales de Andalucía. El objeto es encontrar las...

Academic failure among first-year university students has long fuelled a large number of debates. Many educational psychologists have tried to understand and then explain it. Many statisticians have tried to foresee it. Our research aims to classify, as early in the academic year as possible,...

This paper considers a sequence of misspecification tests for a flexible nonlinear time series model. The model is a generalization of both the Smooth Transition AutoRegressive (STAR) and the AutoRegressive Artificial Artificial Neural Network (AR-ANN) models. The tests are Lagrange multiplier...

In this paper, we propose a flexible smooth transition autoregressive (STAR) model with multiple regimes and multiple transition variables. We show that this formulation can be interpreted as a time varying linear model where the coefficients are the outputs of a single hidden layer feedforward...

This paper presents a comparison of various forecasting approaches, using time series analysis, on mean hourly wind speed data. In addition to the traditional linear (ARMA) models and the commonly used feed forward and recurrent neural networks, other approaches are also examined including the...