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Jun 29, 2016
Short-Term Traffic Forecasting Using the Double Seasonal Holt-Winters Method
Authors: Ye Yu [email protected], Lu Sun, and Gen LiAuthor Affiliations
Publication: CICTP 2016
Abstract
In a typical traffic time series, a within-day seasonal cycle is evident from the similarity of traffic data from one day to the next; a within-week seasonal cycle can be observed when comparing traffic data on corresponding days of adjacent weeks. Recently a new method called the double seasonal (DS) Holt-Winters method has been proposed to deal with double seasonality in time series. The primary objective of this study is to investigate the possibility of using the DS method to account for both within-day and within-week seasonal cycles in traffic time series. Based on speed data from Freeway I-5, California, the DS method, the standard Holt-Winters method and the ARIMA method are employed to perform short-term traffic forecasting. The result shows that the proposed DS model outperforms the other two methods, indicating that the double seasonal Holt-Winters approach is a promising and effective method for short-term traffic forecasting.
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© 2016 American Society of Civil Engineers.
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Published online: Jun 29, 2016
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School of Transportation, Southeast Univ., Si Pai Lou #2, Nanjing 210096, China. E-mail: [email protected]
Lu Sun
School of Transportation, Southeast Univ., Si Pai Lou #2, Nanjing 210096, China.
Gen Li
School of Transportation, Southeast Univ., Si Pai Lou #2, Nanjing 210096, China.
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