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Title:

Testing and Comparing Neural Network and Statistical Approaches for Predicting Transportation Time Series

Accession Number:

01475390

Record Type:

Component

Availability:

Transportation Research Board Business Office

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Washington, DC 20001 United States
Order URL: http://www.trb.org/Main/Blurbs/170345.aspx

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Order URL: http://worldcat.org/isbn/9780309294843

Abstract:

Univariate and multivariate neural network (NN) and autoregressive time series models are compared with regard to application to the short-term forecasting of freeway speeds. Statistical tests are used to evaluate the developed models with respect to temporal data resolution, prediction accuracy, and quality of fit. The results indicate that, by and large, NNs provide more accurate predictions than do classical statistical approaches, particularly for finer data resolutions. Evaluation of model fit indicated that, in contrast to vector autoregressive models, NNs may also provide unbiased predictions. Overall, the findings clearly suggest the need to jointly consider statistical and NN models to develop more efficient prediction models.

Monograph Accession #:

01517323

Report/Paper Numbers:

13-1367

Language:

English

Authors:

Vlahogianni, Eleni I
Karlaftis, Matthew G

Pagination:

pp 9–22

Publication Date:

2013

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Issue Number: 2399
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

9780309294843

Media Type:

Print

Features:

Figures (10) ; References (49) ; Tables (5)

Subject Areas:

Highways; Planning and Forecasting; I72: Traffic and Transport Planning

Files:

TRIS, TRB, ATRI

Created Date:

Feb 5 2013 12:21PM

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