title: Ridge Polynomial Neural Network with Error Feedback for Time Series Forecasting.
abstract: Time series forecasting has gained much attention due to its many practical applications. Higher-order neural network with recurrent feedback is a powerful technique that has been used successfully for time series forecasting. It maintains fast learning and the ability to learn the dynamics of the time series over time. Network output feedback is the most common recurrent feedback for many recurrent neural network models. However, not much attention has been paid to the use of network error feedback instead of network output feedback. In this study, we propose a novel model, called Ridge Polynomial Neural Network with Error Feedback (RPNN-EF) that incorporates higher order terms, recurrence and error feedback. To evaluate the performance of RPNN-EF, we used four univariate time series with different forecasting horizons, namely star brightness, monthly smoothed sunspot numbers, daily Euro/Dollar exchange rate, and Mackey-Glass time-delay differential equation. We compared the forecasting performance of RPNN-EF with the ordinary Ridge Polynomial Neural Network (RPNN) and the Dynamic Ridge Polynomial Neural Network (DRPNN). Simulation results showed an average 23.34% improvement in Root Mean Square Error (RMSE) with respect to RPNN and an average 10.74% improvement with respect to DRPNN. That means that using network errors during training helps enhance the overall forecasting performance for the network.
authors.affiliation: Faculty of Computer Science and Information Technology, Universiti Tun Hussein Onn Malaysia, Batu Pahat, Johor, Malaysia.|Computer Science Department, Hodeidah University, Hodeidah, Yemen.
authors.forename: Waddah
authors.identifier: http://orcid.org/0000-0002-2280-4427
authors.initials: W
authors.lastname: Waheeb
authors.affiliation: Faculty of Computer Science and Information Technology, Universiti Tun Hussein Onn Malaysia, Batu Pahat, Johor, Malaysia.
authors.forename: Rozaida
authors.initials: R
authors.lastname: Ghazali
authors.affiliation: Department of Information Systems, University of Malaya, Pantai Valley, Kuala Lumpur, Malaysia.|Department of Computer Science, Universitas Teknologi Yogyakarta, Yogyakarta, Indonesia.|AMCS Research Center, Yogyakarta, Indonesia.
authors.forename: Tutut
authors.initials: T
authors.lastname: Herawan
mesh_terms: D005246:Feedback; D005544:Forecasting / Q000379:methods*; D015233:Models, Statistical; D016571:Neural Networks, Computer; D013995:Time