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neural network training for price and load forecasting

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NN
NN on 21 Oct 2020
Answered: Srivardhan Gadila on 31 Oct 2020 at 10:08
For doing Electrical load and price forecadting ,
1.can i prefer NN fit tool ?
2.How do i evaluate to know if the training done is correct ?
3.What are the accpeted/ preferred values of error, reggression R, mse values?
4.Is it ok to do normalisation of the data before training to get preferred results?
5.Is there any particular algorithm to be followed for the doing training ?

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Rik
Rik on 22 Oct 2020
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Answers (1)

Srivardhan Gadila
Srivardhan Gadila on 31 Oct 2020 at 10:08
As per my knwoledge, In general there wouldn't be any specific or exact answers to the above questions.
1: Yes, you can try the nftool
4: Yes normalization is preferred in general. Again it may or may not improve the network performance.
5: No there isn't any particular algorithm you have to follow, refer to Function Approximation and Nonlinear Regression

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