Development of an evolutionary neuro-fuzzy inference methodology for efficient time-series financial forecasting-Research paper

The requirement analysis phase is predominantly based on stakeholder analysis. It is assumed
that by this stage, key clients and stakeholders of the project have been decided along with a
possibly qualitative technique to gather rudimentary project requirements. This phase shall also
cover a comprehensive design plan of the system which will result in the implementation of the
system prototypes discussed later.
1.18 Theoretical Formulation of a type-1 FIS
Based on the design plan envisaged in the previous stage, this phase will theoretically formulate
and document the very first stage of the work of a “bare-bone” fuzzy inference system to
evaluate the most basic concepts of the project. This phase shall also investigate and possibly
implement an existing methodology to act as a benchmark for the later research.
1.19 Implementation of the initial FIS prototype
This phase involves the Matlab-based implementation of the formulation stated in the previous
stage. The implementation will also involve the development of a Matlab GUIDE-based
interface and ensure an outcome that would be used in the publication plan elaborated later in
this section.

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