Article ID Journal Published Year Pages File Type
384214 Expert Systems with Applications 2013 9 Pages PDF
Abstract

The purpose of this paper is to analyze alternative forecasting methods that produce results at least similar to or better than linear regression (MLR) that can be used in the modeling of social systems. While organizations may be considered as typically non-linear systems, the common feature of most models found in literature continues to be the use of linear regression techniques. From a case study, advanced statistical methods of Gaussian and Kriging are evaluated, as well as an artificial intelligence (AI) tool, the radial basis function (RBF). The results show the best performance of the suggested methods compared to MLR, especially RBF, because of its uniform prediction behavior throughout all ranges of evaluation. These techniques, although somewhat unconventional in social systems modeling, present a potential contribution in increasing the accuracy and precision of the predictions allowing a more accurate assessment of the impact of certain strategies on the project performance to be made before the allocation of material, human and financial resources.

Related Topics
Physical Sciences and Engineering Computer Science Artificial Intelligence
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