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Goal-Oriented Time-Series Forecasting: Foundation Framework Design

  • Traditional time-series forecasting often focuses only on minimizing prediction errors, ignoring the specific requirements of real-world applications that employ them.
  • A new training methodology is presented in this paper which allows a forecasting model to dynamically adjust its focus based on the importance of forecast ranges specified by the end application.
  • Unlike previous methods, this approach breaks down predictions over the entire signal range into smaller segments, which are then dynamically weighted and combined to produce accurate forecasts.
  • Testing on standard datasets, including a new dataset from wireless communication, showed that this method not only improves prediction accuracy but also enhances the performance of end applications using the forecasting model.

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