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Articles 1 - 2 of 2
Full-Text Articles in Engineering
Data Mining The Harness Track And Predicting Outcomes, Robert P. Schumaker
Data Mining The Harness Track And Predicting Outcomes, Robert P. Schumaker
Journal of International Technology and Information Management
This paper presented the S&C Racing system that uses Support Vector Regression (SVR) to predict harness race finishes and analyzed it on fifteen months of data from Northfield Park. We found that our system outperforms the most common betting strategies of wagering on the favorites and the mathematical arbitrage Dr. Z system in five of the seven wager types tested. This work would suggest that an informational inequality exists within the harness racing market that is not apparent to domain experts.
A Rule Induction Algorithm For Knowledge Discovery And Classification, Ömer Akgöbek
A Rule Induction Algorithm For Knowledge Discovery And Classification, Ömer Akgöbek
Turkish Journal of Electrical Engineering and Computer Sciences
Classification and rule induction are key topics in the fields of decision making and knowledge discovery. The objective of this study is to present a new algorithm developed for automatic knowledge acquisition in data mining. The proposed algorithm has been named RES-2 (Rule Extraction System). It aims at eliminating the pitfalls and disadvantages of the techniques and algorithms currently in use. The proposed algorithm makes use of the direct rule extraction approach, rather than the decision tree. For this purpose, it uses a set of examples to induce general rules. In this study, 15 datasets consisting of multiclass values with …