Fuzzy time series analysis and forecasting

Abstract

The problem of system modeling and identification has attracted considerable attention during the past decades mostly because of a large number of applications in diverse fields. In this chapter we give a well defined fuzzy time series model with forecasting through the Markov fuzzy relation. An illustrative algorithm based on a fuzzy logic is developed to predicate the multivariate dynamic data. © Springer-Verlag Berlin Heidelberg 2006.