Outlier detection is one of the major data mining methods. This paper proposes a three-step approach to detect spatio-temporal outliers in large databases. These steps are clustering, checking spatial neighbors, and checking temporal neighbors. In this paper, we introduce a new outlier detection algorithm to find small groups of data objects that are exceptional when compared with the remaining large amount of data. In contrast to the existing outlier detection algorithms, the new algorithm has the ability of discovering outliers according to the non-spatial, spatial and temporal values of the objects. In order to demonstrate the new algorithm, this paper also presents an example of application using a data warehouse

In the face of increasing climate variability and the complexities of modern power grids, managing power outages in electric utilities has emerged as a critical challenge. This paper introduces a novel predictive model employing machine learning algorithms, including decision tree (DT), random forest (RF), k-nearest neighbors (KNN), and extreme gradient boosting (XGBoost). Leveraging historical sensors-based and non-sensors-based outage data from a Turkish electric utility company, the model demonstrates adaptability to diverse grid structures, considers meteorological and non-meteorological outage causes, and provides real-time feedback to customers to effectively address the problem of power outage duration. Using the XGBoost algorithm with the minimum redundancy maximum relevance (MRMR) feature selection attained 98.433% accuracy in predicting outage durations, better than the state-of-the-art methods showing 85.511% accuracy on average over various datasets, a 12.922% improvement. This paper contributes a practical solution to enhance outage management and customer communication, showcasing the potential of machine learning to transform electric utility responses and improve grid resilience and reliability.

Financial forecasting involves predicting the future financial states and performance of companies and investors. Recent technological advancements have demonstrated that machine learning-based models can outperform traditional financial forecasting techniques. In particular, hybrid approaches that integrate diverse methods to leverage their strengths have yielded superior results in financial prediction. This study introduces a novel hybrid model, entitled EMD-TI-LSTM, consisting of empirical mode decomposition (EMD), technical indicators (TI), and long short-term memory (LSTM). The proposed model delivered more accurate predictions than those generated by the conventional LSTM approach on the same well-known financial datasets, achieving average enhancements of 39.56%, 36.86%, and 39.90% based on the MAPE, RMSE, and MAE metrics, respectively. Furthermore, the results show that the proposed model has a lower average MAPE rate of 42.91% compared to its state-of-the-art counterparts. These findings highlight the potential of hybrid models and mathematical innovations to advance the field of financial forecasting.

Outlier detection is one of the major data mining methods. This paper proposes a three-step approach to detect spatio-temporal outliers in large databases. These steps are clustering, checking spatial neighbors, and checking temporal neighbors. In this paper, we introduce a new outlier detection algorithm to find small groups of data objects that are exceptional when compared with rest large amount of data. In contrast to the existing outlier detection algorithms, new algorithm has the ability of discovering outliers according to the non-spatial, spatial and temporal values of the objects. In order to demonstrate the new algorithm, this paper also presents an example application using a data warehouse