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Techniques To Develop Forecasting Model On Low Cost Housing In Urban Area

Noor Yasmin Zainun, and Muhd. Zaimi Abd. Majid, (2002) Techniques To Develop Forecasting Model On Low Cost Housing In Urban Area. Malaysian Journal of Civil Engineering, 14 (1). pp. 36-46.

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Official URL: http://web.utm.my/ipasa/images/stories/MJCE/2002/vol_14_no_1/TECHNIQUES%20TO%20DEVELOP%20FORECASTING%20MODEL%20ON%20LOW%20COST%20HOUSING%20IN%20URBAN%20AREA.pdf

Affiliations

Universiti Technologi Malaysia, Faculty of Civil Engineering, Construction Technology & Management Center
Universiti Technologi Malaysia, Faculty of Civil Engineering, Construction Technology & Management Center

Abstract

The number of people who will live in urban areas is expected to double to more than five billion between 1990 to 2025. Therefore, accurate predictions of the level of aggregate demand for housing are very important. Various forecasting techniques have been developed using probabilistic, statistics, simulation or artificial intelligent. Hence, there is a need to identify different techniques, in terms of accuracy, in the prediction of needs for facilities. This paper discusses the Artificial Neural Networks (ANN) technique and compaes it with other techniques in forecasting needs of housing in urban area. Investigation on previous research and literature materials will be derived and compared in terms of errors in the accuracy of the technique. The findings of this study indicates that the ANN model performs best overall.

Item Type:Journal
Keywords:urban area, accuracy, artificial neural network, forecasting
Subjects:T Technology, Engineering
ID Code:6535

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Available http://ubmail.ubalt.edu/~harsham/stat-ata/opre330Forecast.htm

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