2012
DOI: 10.7763/ijiee.2012.v2.157
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Using MLP and RBF Neural Networks to Improve thePrediction of Exchange Rate Time Series with ARIMA

Abstract: In this paper , a new hybrid model for predicting the exchange rate time series is introduced, using the multilayer perceptron (MLP) and radial basis function (RBF) neural networks to reduce the error of autoregressive integrated moving average (ARIMA) method. The hybrid model tries to detect the error of the linear statistical method and then model this error with MLP neural network. Again the remainder error is modeled with RBF neural network to reduce the final error of the hybrid model. In this two level p… Show more

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Cited by 6 publications
(4 citation statements)
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“…In this paper, a multilayer perceptron neural network was used that consists of 3 layers with 100 neurons in each layer, and the output of each layer is given to the next layer as input. Multilayer perceptron neural networks are nonlinear models with one or multiple inputs, along with hidden layers that connect these inputs to one or more outputs in a nonlinear manner [24]. As mentioned earlier, this model is designed to classify text into two categories, whether it is generated by AI or written by humans.…”
Section: Methodsmentioning
confidence: 99%
“…In this paper, a multilayer perceptron neural network was used that consists of 3 layers with 100 neurons in each layer, and the output of each layer is given to the next layer as input. Multilayer perceptron neural networks are nonlinear models with one or multiple inputs, along with hidden layers that connect these inputs to one or more outputs in a nonlinear manner [24]. As mentioned earlier, this model is designed to classify text into two categories, whether it is generated by AI or written by humans.…”
Section: Methodsmentioning
confidence: 99%
“…ARIMA, the most well-known statistical method for time series analyses, can model complex patterns and forecast in univariate time series data [43]. The ARIMA model function has three important factors, denoted as p, d, and q [44,45], which represent the autoregressive, integration, and moving average factors, respectively. An expression of the ARIMA (p, d, q) model in general is as follows [44]:…”
Section: Autoregressive Integrated Moving Average (Arima)mentioning
confidence: 99%
“…The application of various methods can complement each other and produce a weighty result for the time series prediction [11]. The manner of combine different models is generally additive; this feature can influence the performance of forecasting [5,7,13].…”
Section: Introductionmentioning
confidence: 99%