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The advent of foundation models (FMs), large-scale pre-trained models with strong generalization capabilities, has opened new frontiers for financial engineering. While general-purpose FMs such as GPT-4 and Gemini have demonstrated…
Fuzzy systems may be considered as knowledge-based systems that incorporates human knowledge into their knowledge base through fuzzy rules and fuzzy membership functions. The intent of this study is to present a fuzzy knowledge integration…
For a multi-attribute decision making (MADM) problem, the information of alternatives under different attributes is given in the form of intuitionistic fuzzy number(IFN). Intuitionistic fuzzy set (IFS) plays an important role in dealing…
Approaches based on computing with words find good applicability in decision making systems. Predominantly finding their basis in type-1 fuzzy sets, computing with words approaches employ type-1 fuzzy sets as semantics of the linguistic…
We propose randomized confidence intervals based on the Neyman-Pearson lemma, in order to make them more broadly applicable to distributions that do not satisfy regularity conditions. This is achieved by using the definition of fuzzy…
Risk specialists are trying to understand risk better and use complex models for risk assessment, while many risks are not yet well understood. The lack of empirical data and complex causal and outcome relationships make it difficult to…
In this paper, a combination of fuzzy clustering estimation and sliding mode control is used to control a quadrotor system, whose mathematical model is complex and has unknown elements, including structure, parameters, and so on. In…
In this paper we analyse the benefits of incorporating interval-valued fuzzy sets into the Bousi-Prolog system. A syntax, declarative semantics and im- plementation for this extension is presented and formalised. We show, by using potential…
Fusion of Artificial Neural Networks (ANN) and Fuzzy Inference Systems (FIS) have attracted the growing interest of researchers in various scientific and engineering areas due to the growing need of adaptive intelligent systems to solve the…
Ranking of intuitionsitic fuzzy number plays a vital role in decision making and other intuitionistic fuzzy applications. In this paper, we propose a new ranking method of intuitionistic fuzzy number based on distance measure. We first…
Computer vision applications are omnipresent nowadays. The current paper explores the use of fuzzy logic in computer vision, stressing its role in handling uncertainty, noise, and imprecision in image data. Fuzzy logic is able to model…
The starting point of this paper is the introduction of a new measure of inclusion of fuzzy set A in fuzzy set B. Previously used inclusion measures take values in the interval [0,1]; the inclusion measure proposed here takes values in a…
Regression analysis is employed to examine and quantify the relationships between input variables and a dependent and continuous output variable. It is widely used for predictive modelling in fields such as finance, healthcare, and…
In dealing with veracity of data analytics, fuzzy methods are more and more relying on probabilistic and statistical techniques to underpin their applicability. Conversely, standard statistical models usually disregard to take into account…
Time series data in real-world applications such as healthcare, climate modeling, and finance are often irregular, multimodal, and messy, with varying sampling rates, asynchronous modalities, and pervasive missingness. However, existing…
In Internet of things (IoT), data is continuously recorded from different data sources and devices can suffer faults in their embedded electronics, thus leading to a high-dimensional data sets and concept drift events. Therefore, methods…
Fuzzy logic is a powerful tool to model knowledge uncertainty, measurements imprecision, and vagueness. However, there is another type of vagueness that arises when data have multiple forms of expression that fuzzy logic does not address…
This paper concentrates on the study of the decentralized fuzzy control method for a class of fractional-order interconnected systems with unknown control directions. To overcome the difficulties caused by the multiple unknown control…
Time series classification is one of the very popular machine learning tasks. In this paper, we explore the application of Hidden Markov Model (HMM) for time series classification. We distinguish between two modes of HMM application. The…
In this article, a new concept of LR-type interval-valued intuitionistic fuzzy numbers (LR-type IVIFN) has been introduced. The theory has also been enriched by demonstrating diagrammatic representations of LR-type IVIFNs and establishing…