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  • Forecast accuracy of economic and financial processes is a popular measure for quantifying the risk in decision making. In this paper, we develop forecasting models based on statistical (stochastic) methods, sometimes called as hard computing, and on a soft method using granular computing. We consider the accuracy of forecasting models as a measure for the risk evaluation. It is found that the risk estimation process based on soft methods is simplified and less critical to the question whether the data is true crisp or white noise.
  • Forecast accuracy of economic and financial processes is a popular measure for quantifying the risk in decision making. In this paper, we develop forecasting models based on statistical (stochastic) methods, sometimes called as hard computing, and on a soft method using granular computing. We consider the accuracy of forecasting models as a measure for the risk evaluation. It is found that the risk estimation process based on soft methods is simplified and less critical to the question whether the data is true crisp or white noise. (en)
Title
  • Statistical and RBF NN models: Providing forecasts and risk assessment
  • Statistical and RBF NN models: Providing forecasts and risk assessment (en)
skos:prefLabel
  • Statistical and RBF NN models: Providing forecasts and risk assessment
  • Statistical and RBF NN models: Providing forecasts and risk assessment (en)
skos:notation
  • RIV/47813059:19240/09:#0002966!RIV10-GA0-19240___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • P(GA402/08/0022)
http://linked.open...iv/cisloPeriodika
  • 4/2009
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 343666
http://linked.open...ai/riv/idVysledku
  • RIV/47813059:19240/09:#0002966
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • Time series; ARCH-GARCH models; Exponential smoothing; RMSE (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • CZ - Česká republika
http://linked.open...ontrolniKodProRIV
  • [8D3C1D8EDFD3]
http://linked.open...i/riv/nazevZdroje
  • Central European Review of Economic Issues - Ekonomická Revue
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • No. 4/2009
http://linked.open...iv/tvurceVysledku
  • Marček, Dušan
  • Marček, Milan
issn
  • 1212-3951
number of pages
http://localhost/t...ganizacniJednotka
  • 19240
is http://linked.open...avai/riv/vysledek of
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