首页|Data on Machine Learning Described by Researchers at Mahasarakham University (An Innovative Hybrid Machine Learning Techniques For Predicting Construction Cost Estimates)
Data on Machine Learning Described by Researchers at Mahasarakham University (An Innovative Hybrid Machine Learning Techniques For Predicting Construction Cost Estimates)
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By a News Reporter-Staff News Editor at Robotics & Machine Learning Daily News Daily News – A new study on artificial intelligence is now available. According to news reporting out of Mahasarakham University by NewsRx editors, research stated, “The importance of precise cost estimations in construction investment sector cannot be overstated, serving as the cornerstone for crucial investment decisions.” Our news reporters obtained a quote from the research from Mahasarakham Universi ty: “Unfortunately, inaccurate estimations often lead to significant losses due to flawed investment objectives. Consequently, the pursuit of an effective inves tment decision support system has become a paramount research focus, aiming to a id construction investors in making informed and timely choices. This study focu ses on a novel hybrid machine learning (HML) approach, amalgamating various base models such as artificial neural networks (ANNs), support vector machines (SVMs ), multiple linear regression (MLR), decision trees (DTs) and random forest (RF) to construct a sophisticated construction cost forecasting model. Remarkably, e mpirical findings demonstrate the exceptional accuracy of the hybrid ANN-DT mode l, reaching an impressive 92.1% and surpassing individual models. This breakthrough holds the promise of substantial advantages and increased prof itability within the construction industry, particularly benefitting professiona ls in civil engineering, architecture, and construction investing.”
Mahasarakham UniversityCyborgsEmergi ng TechnologiesInvestment and FinanceMachine Learning
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