Combined model based on optimized multi-variable grey model and multiple linear regression

The construction method of background value is improved in the original multi-variable grey model （MGM（1,m）） from its source of construction errors. The MGM（1,m） with optimized background value is used to eliminate the random fluctuations or errors of the observational data of all variables, and the combined prediction model together with the multiple linear regression is established in order to improve the simulation and prediction accuracy of the combined model. Finally, a combined model of the MGM（1,2） with optimized background value and the binary linear regression is constructed by an example. The results show that the model has good effects for simulation and prediction.

Comprehensive optimized GM(1,1) model and application for short term forecasting of Chinese energy consumption and production

In order to improve prediction accuracy of the grey prediction model and forecast China energy consumption and production in a short term, this paper proposes a novel com- prehensively optimized GM（1,1） model, also named COGM（1,1）, based on the grey modeling mechanism. First, the relationship of the background value formula and its whitenization equation is analyzed and a new method optimizing background values is proposed to eliminate systemic errors in the modeling process. Second, the solving process of the new model is derived. For parameter estimation, a set of auxiliary parameters are used to change grey equation＇s form. Then, original parameters are re- stored by an equations system. After solving the whitenization equation, initial value in time response function is established by least errors criteria. Finally, a numerical case and comparison with other grey prediction models are made to testify the new model＇s effectiveness, and the computational results show that the COGM（1,1） model has a better property and achieves higher precision. The new model is used to forecast China energy con- sumption and production, and the ability of energy self-sufficiency is further analyzed. Results indicate that gaps between consump- tion and production in future are predicted to decline.

Improved unequal interval grey model and its applications

A new method to improve prediction precision of GM（1,1） model with unequal time interval is presented.The grey derivative is multiplied by a parameter to guarantee the time response function satisfying approximately exponential function distribution.To simplify the process of parametric estimation,an approximate value is taken for the multiplied parameter.Then the estimators of coefficient of development and grey action quantity can be derived.At the same time,the principle of the new information priority is also considered.We take the last item of the first-order accumulated generation operator（1-AGO） on raw data sequence as the initial condition in the time response function.Then the new information can be taken full advantage of through the improved initial condition.Some properties of this new model are also discussed.The presented method is actually a combination of improvement of grey derivative and improvement of the initial condition.The results of an example indicate that the proposed method can improve prediction precision prominently.