Grey Systems, Grey Models and Their Roles in Data Analytics

Yingjie Yang (De Montfort University, United Kingdom (Great Britain)); Si-feng Liu (Nanjing University of Aeronautics and Astronautics, China)

This paper gives an introduction to the basic concepts of grey systems, grey numbers and grey models, and discusses their roles in data analysis of data science. The necessity of small data models is demonstrated, and their complementary functions to Big Data models are investigated. Based on these investigations, a novel framework for combining Big Data models with grey models is proposed.

Journal: International Journal of Simulation: Systems, Science and Technology IJSSST V19

Published: Jun 30, 2018

DOI: 10.5013/IJSSST.a.19.03.08