Functional regression approach to traffic analysis

초록

Prediction of vehicle traffic volume is very important in planning municipal administration. It may help promote social and economic interests and also prevent traffic congestion costs. Traffic volume as a time-varying trajectory is considered as functional data. In this paper we study three functional regression models that can be used to predict an unseen trajectory of traffic volume based on already observed trajectories. We apply the methods to highway tollgate traffic volume data collected at some tollgates in Seoul, Chuncheon and Gangneung. We compare the prediction errors of the three models to find the best one for each of the three tollgate traffic volumes.

키워드