Comparative analysis of imputation methods for enhancing predictive accuracy in data models

• Main Authors: Nurul Aqilah, Zamri, Mohd Izham, Mohd Jaya, Irawati, Indrarini Dyah, Rassem, Taha H., Rasyidah, ., Shahreen, Kasim
• Format: Article
• Language: English
• Published: Politeknik Negeri Padang 2024
• Subjects: QA75 Electronic computers. Computer science; T Technology (General)
• Online Access: http://umpir.ump.edu.my/id/eprint/42748/1/Comparative%20analysis%20of%20imputation%20methods%20for%20enhancing%20predictive%20accuracy%20in%20data%20models.pdf; http://umpir.ump.edu.my/id/eprint/42748/; https://www.joiv.org/index.php/joiv/article/view/1666
• Institution: Universiti Malaysia Pahang Al-Sultan Abdullah

The presence of missing values within datasets can introduce a detrimental bias, significantly impeding the predictive algorithm's ability to discern patterns and accurately execute prediction. This paper aims to elucidate the intricacies of data imputation methods, providing a more profound understanding of prevalent imputation methods, including list-wise deletion (IGN), mean imputation (AVG), K-Nearest Neighbors (KNN), MissForest (MF), and Predictive Mean Matching (PMM). The dataset employed in this study consists of financial data about S&P 500 companies in the Compustat North America database. The training and validation dataset encompasses 1973 instances, consisting of data during the fourth quarter of 2009, the first quarter of 2010, and the third quarter of 2014. Within this set, 457 missing values were identified and imputed. The test dataset comprises 197 randomly selected instances from the fourth quarter of 2014, equivalent to ten percent of the total instances in the training dataset. The evaluation findings prominently position the dataset derived from MF imputation as the leading performer among all the imputed datasets. The insights derived from this study are intended to assist practitioners in making informed choices when selecting the most suitable data imputation method, particularly in the context of predictive modeling tasks.