Info: Zenodo’s user support line is staffed on regular business days between Dec 23 and Jan 5. Response times may be slightly longer than normal.

Published February 21, 2023 | Version v1
Journal article Open

Data Science and Machine Learning: Usage of Machine Learning Models for Forecasting to Improve Performance of Data Analytics in Non- Governmental Organization

Description

Estimating performance in relation to the expectation is a key component of many machine learning algorithms for decision-making. Measuring performance in accordance with expectations may not be very useful in many real-world situations. In this article, with deployment to a public dataset, we examine the viability and comparative analysis of Deep Learning techniques to anticipating the demand problem. We compare Deep Learning performance to that of various model approaches, such as Random Forest, Gradient Boosted Trees, and Support Vector Machine, using RMSE performance criteria. The forecasting issue is crucial for organizational decision-making. When making strategic decisions on valuable resources, riskaverse goals should be taken into account. This article aims to demonstrate the usage of ML models for forecasting and decision making to improve performance of data analysis of an organization. And to demonstrate that, especially when decision-makers are dealing with complicated limitations data, a Deep Learning algorithm can be a dominant answer to Machine Learning challenges for forecasting and decision-making.

Files

IJISRT23FEB029.pdf

Files (630.9 kB)

Name Size Download all
md5:d2c2c7cc1275c8d05ccd41ccb3a051b6
630.9 kB Preview Download