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- Title
Forecasting the leading index using fuzzy linguistic prediction.
- Authors
Ding-An Chiang; Yi-Fan Wang; Yi-Hsin Wang; Yu-Liang Chuang
- Abstract
We propose a fuzzy linguistic prediction method for improving fuzzy random prediction. It uses the bit map summary to determine the trend of objects rising or falling and then uses the fuzzy linguistic summary to compute the parameter of fuzzy random prediction. To show how this method works, we use it to predict the present Taiwan leading index, which gives the economic trend for the next 3 months. By further predicting the leading indices of months that follow, we can forecast the economic trend for the next year. © 2003 Wiley Periodicals, Inc.
- Subjects
TAIWAN; FORECASTING; ECONOMIC trends; FUZZY systems; PREDICTION models; INDEX maps
- Publication
International Journal of Intelligent Systems, 2003, Vol 18, Issue 8, p893
- ISSN
0884-8173
- Publication type
Article
- DOI
10.1002/int.10123