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This study develops a SARIMAX-based prediction system for short-term power outage forecasting during extreme weather events. Using hourly data from Michigan counties with outage counts and comprehensive weather features, we implement a…
This paper investigates the time-varying structure of Fama and French's (1993; 2015) multi-factor models using Fama and MacBeth's (1973) two-step estimation based on the rolling window method. In particular, we employ the generalized GRS…
In the context of intelligent manufacturing, this paper conducts a series of experimental studies on the predictive maintenance of industrial milling machine equipment based on the AI4I 2020 dataset. This paper proposes a complete…
Electricity load consumption may be extremely complex in terms of profile patterns, as it depends on a wide range of human factors, and it is often correlated with several exogenous factors, such as the availability of renewable energy and…
Merging satellite and gauge data with machine learning produces high-resolution precipitation datasets, but uncertainty estimates are often missing. We addressed the gap of how to optimally provide such estimates by benchmarking six…
Nowadays, weather forecasts are commonly generated by ensemble forecasts based on multiple runs of numerical weather prediction models. However, such forecasts are usually miscalibrated and/or biased, thus require statistical…
Estimating climate effects on future ocean storm severity is plagued by large uncertainties, yet for safe design and operation of offshore structures, best possible estimates of climate effects are required given available data. We explore…
Most long memory forecasting studies assume that the memory is generated by the fractional difference operator. We argue that the most cited theoretical arguments for the presence of long memory do not imply the fractional difference…
This research provides an in-depth evaluation of various machine learning models for energy forecasting, focusing on the unique challenges of seasonal variations in student residential settings. The study assesses the performance of…
This paper compares different forecasting methods and models to predict average values of solar irradiance with a sampling time of 15 min over a prediction horizon of up to 3 h. The methods considered only require historic solar irradiance…
Air pollution constitutes a global problem of paramount importance that affects not only human health, but also the environment. The existence of spatial and temporal data regarding the concentrations of pollutants is crucial for performing…
Predicting the probability of non-performing loans for individuals has a vital and beneficial role for banks to decrease credit risk and make the right decisions before giving the loan. The trend to make these decisions are based on credit…
Gradient boosting is a state-of-the-art prediction technique that sequentially produces a model in the form of linear combinations of simple predictors---typically decision trees---by solving an infinite-dimensional convex optimization…
The inversion of surface wave dispersion curves poses significant challenges due to the non-uniqueness, nonlinear, & ill-posed nature of the problem. Local search methods get trapped in suboptimal minima, whereas global search methods are…
Accurate prediction of crop yield before harvest is of great importance for crop logistics, market planning, and food distribution around the world. Yield prediction requires monitoring of phenological and climatic characteristics over…
Predictions are a central part of water resources research. Historically, physically-based models have been preferred; however, they have largely failed at modeling hydrological processes at a catchment scale and there are some important…
Due to concerns about parametric model misspecification, there is interest in using machine learning to adjust for confounding when evaluating the causal effect of an exposure on an outcome. Unfortunately, exposure effect estimators that…
Accurate long horizon forecasting of particulate matter (PM) concentration fields is essential for operational public health decisions. However, achieving reliable forecasts remains challenging in regions with complex terrain and strong…
Air pollution stands as the fourth leading cause of death globally. While extensive research has been conducted in this domain, most approaches rely on large datasets when it comes to prediction. This limits their applicability in…
Data-driven weather forecast based on machine learning (ML) has experienced rapid development and demonstrated superior performance in the global medium-range forecast compared to traditional physics-based dynamical models. However, most of…