2020
DOI: 10.48550/arxiv.2006.12292
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Short-Term Traffic Forecasting Using High-Resolution Traffic Data

Wenqing Li,
Chuhan Yang,
Saif Eddin Jabari

Abstract: This paper develops a data-driven toolkit for traffic forecasting using high-resolution (a.k.a. event-based) traffic data. This is the raw data obtained from fixed sensors in urban roads. Time series of such raw data exhibit heavy fluctuations from one time step to the next (typically on the order of 0.1-1 second). Short-term forecasts (10-30 seconds into the future) of traffic conditions are critical for traffic operations applications (e.g., adaptive signal control). But traffic forecasting tools in the lite… Show more

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“…The extremely efficient learning procedure of these models makes them particularly appropriate for traffic forecasting over large datasets. On the other hand, the high parametric sensitivity of models currently utilized for traffic forecasting has also motivated the renaissance of bagging and boosting tree ensembles for the purpose, which are known to be more robust against the variability of their hyper-parameters and less prone to overfitting [256], [257], [258]. Finally, initial evidences of the applicability of automated machine learning tools for efficiently finding precise traffic forecasting models have been recently reported in [259].…”
Section: New Modeling Techniques For Traffic Forecastingmentioning
confidence: 99%
“…The extremely efficient learning procedure of these models makes them particularly appropriate for traffic forecasting over large datasets. On the other hand, the high parametric sensitivity of models currently utilized for traffic forecasting has also motivated the renaissance of bagging and boosting tree ensembles for the purpose, which are known to be more robust against the variability of their hyper-parameters and less prone to overfitting [256], [257], [258]. Finally, initial evidences of the applicability of automated machine learning tools for efficiently finding precise traffic forecasting models have been recently reported in [259].…”
Section: New Modeling Techniques For Traffic Forecastingmentioning
confidence: 99%