Research Article

Prediction of Currency Volume Issued in Taiwan Using a Hybrid Artificial Neural Network and Multiple Regression Approach

Table 11

Improvement of the proposed models in comparison with the single-stage models.

ModelsMAPE (%)RMSE (%)MAD (%)

Proposed hybrid MRVIF-ANN model
 ARIMA36.525.8833.24
 ANN36.2114.6134.03
 MRSIG17.7387.1988.03
 MRSEL15.3987.2688.10
Proposed hybrid MRSIG-ANN model
 ARIMA37.357.7334.26
 ANN37.0416.2935.04
 MRSIG18.8187.4488.21
 MRSEL16.4987.5188.28
Proposed hybrid MRSEL-ANN model
 ARIMA37.806.9934.76
 ANN37.5015.6235.52
 MRSIG19.3987.3488.30
 MRSEL17.0987.4188.37