An Intelligent Tool for Time Series Prediction. – A.E.Edim and H. Ajakpoloho
Forecasting and knowing the future outcome of an event or venture is the focus of current business men, managers or organizations. An intelligent tool for time series prediction is software that can aid in time series prediction without having to carry out calculations directly by the person that need the predictions. Most time series prediction tools are often difficult to use because, they often require the user to be involve in the manipulation of mathematical functions. In some cases users may not know this functions and the tools take long time to complete the tasks. The aim of this study was to design an Intelligent Tool for Time Series rediction that is simple to use and will not require the users to know mathematical functions before they can use the system. During the study, a study of existing time series rediction tools was conducted, data was also collected and used to study these tools. It was found that knowledge of the basic functions was require for any successful time series prediction with these tools. Hence, this intelligent tool for time series prediction was designed to eliminate the issue of the user having knowledge of mathematical functions and any human manipulation of mathematical/statistical functions. The system was developed using the Java programming language. The system was tested with secondary data as well as primary data. The results shows that the intelligent tool was able to provide accurate predictions similar to the other tools that were studied in this research. The user of the intelligent tool will only need to enter the data into a file and does not need to be involved in the calculations.