In this paper we predict Bitcoin movements by utilizing a machine-learning framework. We compile a dataset of 24 potential explanatory variables that are often employed in the finance literature. Using daily data from 2nd of December 2014 to July 8th 2019, we build forecasting models that utilize past Bitcoin values, other cryptocurrencies, exchange rates and other macroeconomic variables. Our empirical results suggest that the traditional logistic regression model outperforms the linear support vector machine and the random forest algorithm, reaching an accuracy of 66%. Moreover, based on the results, we provide evidence that points to the rejection of weak form efficiency in the Bitcoin market.
Hospital readmissions are regarded as a compounding economic factor for healthcare systems. In fact, the readmission rate is used in many countries as an indicator of the quality of services provided by a health institution. The ability to forecast patients’ readmissions allows for timely intervention and better post-discharge strategies, preventing future life-threatening events, and reducing medical costs to either the patient or the healthcare system. In this paper, four machine learning models are used to forecast readmissions: support vector machines with a linear kernel, support vector machines with an RBF kernel, balanced random forests, and weighted random forests. The dataset consists of 11,172 actual records of hospitalizations obtained from the General Hospital of Komotini “Sismanogleio” with a total of 24 independent variables. Each record is composed of administrative, medical-clinical, and operational variables. The experimental results indicate that the balanced random forest model outperforms the competition, reaching a sensitivity of 0.70 and an AUC value of 0.78.
This study forecasts inbound tourism demand for the United Kingdom, using monthly data from February 1989 to February 2020. In the empirical analysis, we evaluate and compare the performance of five machine learning models (decision trees, random forests, XGBoost, and support vector regression with the RBF and linear kernels) against a more traditional linear SARIMA regression model. Forecasting performance metrics included MSE, RMSE, MAE, R2, and MAPE. The SVR RBF kernel model achieves the highest accuracy, with an MAPE of 0.014% on the training set. To enhance model interpretability, feature importance analysis is applied to identify the most influential predictors of tourist arrivals. This research offers significant policy implications, aiding government policymakers and private industry stakeholders in optimizing their planning and decisions, deploying better long-term business strategies and tourism-related services, and optimizing the allocation of public and private resources to support the tourism sector.