Artificial System to Compare Energy Status in the Context of Europe and Middle East

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Mr.Linkon Chowdhury
Mr.Linkon Chowdhury
σ
Md.Sarwar kamal
Md.Sarwar kamal
ρ
Sonia Farhana Nimmy
Sonia Farhana Nimmy
α BGC Trust University Bangladesh

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Artificial System to Compare Energy Status in the Context of Europe and Middle East

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Abstract

Now-a-days Global economy depends on the supply of energy and proper use of it. Energy is very compelling and critical issues all over the world. But the price of energy especially oil is increasing day by day. It is an obvious duty for all government throughout the world that estimation of cost of Oil for future development. The main purpose of this research is to develop a dynamic future and instant oil price prediction model for Business organization, Ministry of Finance, Ministry of Economic, Oil Company, Think Tank of the Government, Prime-Minister, World Bank Policy Maker, International Monetary Fund (IMF) etc. In this work, we first apply chi square test to separate factors such as demand of Oil and Gas, over population, Increasing rate Industry, completion of Development and etc. We then make a automate comparison of the production and export rate of the Oil and Gas in various countries among Middle East and Europe. The main purpose of applying it is feature selection to data. Degree of freedom is used to P-value (Probability value) for best predicators of dependent variable. After being separation of factors we have had examined the desired outcome using Bayes’ Networks (BN). The BN helps to determine the actual result based on our input factors. We should bear in mind that our activities for this work are dynamic and our system can inspect dynamically irrespective of any volume of dataset.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Mr.Linkon Chowdhury. 1970. \u201cArtificial System to Compare Energy Status in the Context of Europe and Middle East\u201d. Unknown Journal GJCST Volume 12 (GJCST Volume 12 Issue 8): .

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April 21, 2012

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Now-a-days Global economy depends on the supply of energy and proper use of it. Energy is very compelling and critical issues all over the world. But the price of energy especially oil is increasing day by day. It is an obvious duty for all government throughout the world that estimation of cost of Oil for future development. The main purpose of this research is to develop a dynamic future and instant oil price prediction model for Business organization, Ministry of Finance, Ministry of Economic, Oil Company, Think Tank of the Government, Prime-Minister, World Bank Policy Maker, International Monetary Fund (IMF) etc. In this work, we first apply chi square test to separate factors such as demand of Oil and Gas, over population, Increasing rate Industry, completion of Development and etc. We then make a automate comparison of the production and export rate of the Oil and Gas in various countries among Middle East and Europe. The main purpose of applying it is feature selection to data. Degree of freedom is used to P-value (Probability value) for best predicators of dependent variable. After being separation of factors we have had examined the desired outcome using Bayes’ Networks (BN). The BN helps to determine the actual result based on our input factors. We should bear in mind that our activities for this work are dynamic and our system can inspect dynamically irrespective of any volume of dataset.

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Artificial System to Compare Energy Status in the Context of Europe and Middle East

Mr.Linkon Chowdhury
Mr.Linkon Chowdhury BGC Trust University Bangladesh
Md.Sarwar kamal
Md.Sarwar kamal
Sonia Farhana Nimmy
Sonia Farhana Nimmy

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