Prediction based on previous historical data
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Mekala balaji
on 6 Feb 2015
Answered: KUMANAN KUPUSAMY
on 28 Jan 2017
Hi, I have Historical data of "Start" and "End". Now, I have "Start" value, but want to predict "End" value. Can some one help me how to predict today's End value based on available Historical "Start & End" and today's Start value (to Predict Today End value). The day is of random type no correlation with time. Please help me some available models using MATLAB. Many many thanks in advance.
Historical Data:
Start End
0.250 0.256
0.240 0.240
0.224 0.240
0.260 0.270
0.240 0.260
And Today Start value: 0.21 (Today End Value: 0.23)
Sincerely, Your's
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Accepted Answer
Guillaume
on 6 Feb 2015
Edited: Guillaume
on 6 Feb 2015
You don't have enough points to infer any kind of regression. I mean, if you look at:
data = [0.25 0.256
0.24 0.24
0.224 0.24
0.26 0.27
0.24 0.26];
scatter(data(:, 1), data(:, 2));
there's no pattern to your data.
If you want to do a linear regression anyway:
polystartend = polyfit(data(:,1), data(:, 2), 1); %linear regression
todaystart = 21;
todayend = polyval(polystartend, todaystart)
gives
todayend = 0.22688
More Answers (2)
Udit Gupta
on 6 Feb 2015
You can use mtlabs Curve Fitting tool (cftool). If you don't have that search for any linear regression or linear interpolation implementation on file exchange.
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