This post is a demonstration for Jaya, an R package for gradient-free Jaya optimization algorithm.
In the year 2015, Prof. R. Venkata Rao from Sardar Vallabhbhai National Institute of Technology Surat, India proposed and published the Jaya optimization algorithm, which is now among the popular ones for solving constrained and unconstrained optimization problems. This algorithm has now solved several real-life problems. In the year 2019, we (Mr. Mayur Kishor Shende and I) developed an R package for this algorithm, named Jaya. In this article, I have discussed the vignette of the package and demonstrated how to use this package. The official webpage for the Jaya package is https://cran.r-project.org/package=Jaya, and it can be cited as Mayur Shende and Neeraj Bokde (2019). Jaya: Jaya, a Gradient-Free Optimization Algorithm. R package version 0.1.9. https://CRAN.R-project.org/package=Jaya
This post is a demonstrate an R Package for Pattern Sequence Based Forecasting Algorithm.
This post is an article published in the R journal that introduces the R package that implements the Pattern Sequence based Forecasting (PSF) algorithm, which was developed for univariate time series forecasting. This algorithm has been successfully applied to many different fields. The PSF algorithm consists of two major parts: clustering and prediction. The clustering part includes selection of the optimum number of clusters. It labels time series data with reference to such clusters. The prediction part includes functions like optimum window size selection for specific patterns and prediction of future values with reference to past pattern sequences. The PSF package consists of various functions to implement the PSF algorithm. It also contains a function which automates all other functions to obtain optimized prediction results. The aim of this package is to promote the PSF algorithm and to ease its usage with minimum efforts. This paper describes all the functions in the PSF package with their syntax. It also provides a simple example. Finally, the usefulness of this package is discussed by comparing it to auto.arima and ets, well-known time series forecasting functions available on CRAN repository.