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A Comparative Study of Statistical and Rough Computing Models in Predictive Data Analysis
Published in IGI Global
2017
Volume: 8
   
Issue: 2
Pages: 32 - 51
Abstract
Information and technology revolution has brought a radical change in the way data are collected. The data collected is of no use unless some useful information is derived from it. Therefore, it is essential to think of some predictive analysis for analyzing data and to get meaningful information. Much research has been carried out in the direction of predictive data analysis starting from statistical techniques to intelligent computing techniques and further to hybridize computing techniques. The prime objective of this paper is to make a comparative analysis between statistical, rough computing, and hybridized techniques. The comparative analysis is carried out over financial bankruptcy data set of Greek industrial bank ETEVA. It is concluded that rough computing techniques provide better accuracy 88.2% as compared to statistical techniques whereas hybridized computing techniques provides still better accuracy 94.1% as compared to rough computing techniques.
About the journal
JournalInternational Journal of Ambient Computing and Intelligence
PublisherIGI Global
ISSN1941-6237
Open AccessYes