Analyzing and Forecasting of Coronavirus Time-Series Data: Performance Comparison of Machine Learning and Statistical Models

Articles in Press

Document Type : Research Paper

Authors

1 Department of industrial engineering, faculty of engineering, Ardakan University Ardakan, Iran

2 Department Of Ie, Yazd University, Yazd, Iran

3 دانشگاه یزد

10.22059/aie.2024.380927.1906

Abstract

Coronavirus is a respiratory disease caused by coronavirus 2 acute respiratory syndrome. Forecasting the number of new cases and deaths can be an efficient step towards predicting costs and providing timely and sufficient facilities needed in the future. The goal of the current study is to accurately formulate and predict new cases and mortality in the future. Nine prediction models are tested on the Coronavirus data of Yazd province as a case study. Due to the evaluation criteria of root mean square error (RMSE), mean square error (MSE), mean absolute percentage error (MAPE), and mean absolute value of error (MAE), the models are compared. The analysis results emphasize that, according to the mentioned evaluation criteria, the KNN regression model and the BATS model are the best models for predicting the cumulative cases of hospitalization of Coronavirus and the cumulative cases of death, respectively. Moreover, the autoregressive neural network model has the worst performance for both hospitalization and death cases among other formulations.

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Advances in Industrial Engineering

Articles in Press, Accepted Manuscript
Available Online from 28 September 2024

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