Application of Multivariable Grey Prediction
In this paper, a multivariable analysis of grey prediction model MGM (1,n) is proposed ,which is based on single-variable gray prediction model GM (1,1). For multiple variables of a system, they influence each other and interrelate, MGM (1,n) model is description of each of the major relevant variables in the system from system point of view.Through comparison of an example of forecasting relay failure, can be obtained: multivariable grey prediction is more accurate and more close to the actual value than the single variable prediction.
L. L. Li et al., "Application of Multivariable Grey Prediction", Applied Mechanics and Materials, Vols. 44-47, pp. 2717-2723, 2011