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Pricing actuaries typically operate within the framework of generalized linear models (GLMs). With the upswing of data analytics, our study puts focus on machine learning methods to develop full tariff plans built from both the frequency…

Applications · Statistics 2020-03-04 Roel Henckaerts , Marie-Pier Côté , Katrien Antonio , Roel Verbelen

We propose an algorithm which predicts each subsequent time step relative to the previous timestep of intractable short rate model (when adjusted for drift and overall distribution of previous percentile result) and show that the method…

Machine Learning · Statistics 2024-04-15 Anna Knezevic , Nikolai Dokuchaev

Machine learning as a data-driven solution has been widely applied in the field of fatigue lifetime prediction. In this paper, three models for wideband fatigue life prediction are built based on three machine learning models, i.e. support…

Materials Science · Physics 2023-11-14 Hong Sun , Yuanying Qiu , Jing Li , Jin Bai , Ming Peng

Recent research has shown that seemingly fair machine learning models, when used to inform decisions that have an impact on peoples' lives or well-being (e.g., applications involving education, employment, and lending), can inadvertently…

Machine Learning · Computer Science 2022-08-26 Aline Weber , Blossom Metevier , Yuriy Brun , Philip S. Thomas , Bruno Castro da Silva

Algorithmic predictions are increasingly used to inform the allocations of goods and interventions in the public sphere. In these domains, predictions serve as a means to an end. They provide stakeholders with insights into likelihood of…

Computers and Society · Computer Science 2024-05-31 Juan Carlos Perdomo

Probabilistic time series forecasting involves estimating the distribution of future based on its history, which is essential for risk management in downstream decision-making. We propose a deep state space model for probabilistic time…

Machine Learning · Computer Science 2021-02-02 Longyuan Li , Junchi Yan , Xiaokang Yang , Yaohui Jin

The task of state estimation in active distribution systems faces a major challenge due to the integration of different measurements with multiple reporting rates. As a result, distribution systems are essentially unobservable in real time,…

Optimization and Control · Mathematics 2024-05-13 J. G. De la Varga , S. Pineda , J. M. Morales , Á. Porras

Increasing digitalization enables the use of machine learning methods for analyzing and optimizing manufacturing processes. A main application of machine learning is the construction of quality prediction models, which can be used, among…

Deep Learning is a consolidated, state-of-the-art Machine Learning tool to fit a function when provided with large data sets of examples. However, in regression tasks, the straightforward application of Deep Learning models provides a point…

Machine Learning · Computer Science 2018-07-25 Axel Brando , Jose A. Rodríguez-Serrano , Mauricio Ciprian , Roberto Maestre , Jordi Vitrià

Time series data is being used everywhere, from sales records to patients' health evolution metrics. The ability to deal with this data has become a necessity, and time series analysis and forecasting are used for the same. Every Machine…

Machine Learning · Computer Science 2022-11-29 Rameshwar Garg , Shriya Barpanda , Girish Rao Salanke N S , Ramya S

In many developing nations, a lack of poverty data prevents critical humanitarian organizations from responding to large-scale crises. Currently, socioeconomic surveys are the only method implemented on a large scale for organizations and…

Machine Learning · Computer Science 2023-03-01 Om Shah , Krti Tallam

This paper presents a time series forecasting framework which combines standard forecasting methods and a machine learning model. The inputs to the machine learning model are not lagged values or regular time series features, but instead…

Machine Learning · Statistics 2020-01-15 Shi Zhao , Ying Feng

Accurately predicting industrial aging processes makes it possible to schedule maintenance events further in advance, ensuring a cost-efficient and reliable operation of the plant. So far, these degradation processes were usually described…

Machine Learning · Computer Science 2020-10-22 Mihail Bogojeski , Simeon Sauer , Franziska Horn , Klaus-Robert Müller

The alfalfa crop is globally important as livestock feed, so highly efficient planting and harvesting could benefit many industries, especially as the global climate changes and traditional methods become less accurate. Recent work using…

Machine Learning · Computer Science 2022-10-21 Jonathan Vance , Khaled Rasheed , Ali Missaoui , Frederick Maier , Christian Adkins , Chris Whitmire

We apply methods from randomized numerical linear algebra (RandNLA) to develop improved algorithms for the analysis of large-scale time series data. We first develop a new fast algorithm to estimate the leverage scores of an autoregressive…

Methodology · Statistics 2021-11-02 Ali Eshragh , Fred Roosta , Asef Nazari , Michael W. Mahoney

Nowadays, Breast cancer has risen to become one of the most prominent causes of death in recent years. Among all malignancies, this is the most frequent and the major cause of death for women globally. Manually diagnosing this disease…

Machine Learning · Computer Science 2022-07-01 Taminul Islam , Arindom Kundu , Nazmul Islam Khan , Choyon Chandra Bonik , Flora Akter , Md Jihadul Islam

Accuracy and timeliness are indeed often conflicting goals in prediction tasks. Premature predictions may yield a higher rate of false alarms, whereas delaying predictions to gather more information can render them too late to be useful. In…

Machine Learning · Computer Science 2024-06-19 Wei Shao , Yufan Kang , Ziyan Peng , Xiao Xiao , Lei Wang , Yuhui Yang , Flora D Salim

We investigate machine learning approaches for optimizing real-time staffing decisions in semi-automated warehouse sortation systems. Operational decision-making can be supported at different levels of abstraction, with different…

Machine Learning · Computer Science 2026-03-27 Kalle Kujanpää , Yuying Zhu , Kristina Klinkner , Shervin Malmasi

In computational histopathology algorithms now outperform humans on a range of tasks, but to date none are employed for automated diagnoses in the clinic. Before algorithms can be involved in such high-stakes decisions they need to "know…

Computer Vision and Pattern Recognition · Computer Science 2022-10-19 Lea Goetz

This paper investigates how to best compare algorithms for predicting chronic homelessness for the purpose of identifying good candidates for housing programs. Predictive methods can rapidly refer potentially chronic shelter users to…

Computers and Society · Computer Science 2023-03-28 Geoffrey G. Messier , Caleb John , Ayush Malik