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We are calculating performances scores for each models which would be ranked and best model is considered

Project description

TOPSIS-Python

Topsis : UCS538

Submitted By: Manpreet Kaur - 101803562


What is TOPSIS

Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) originated in the 1980s as a multi-criteria decision making method. TOPSIS chooses the alternative of shortest Euclidean distance from the ideal solution, and greatest distance from the negative-ideal solution. More details at wikipedia.


How to use this package:

TOPSIS-Manpreet-101803562 can be run as in the following example:

In Command Prompt

>> topsis data.csv "1,1,1,2" "+,+,-,+"

Sample dataset

The decision matrix (a) should be constructed with each row representing a Model alternative, and each column representing a criterion like Accuracy, R2, Root Mean Squared Error, Correlation, and many more.

Model Correlation R2 RMSE Accuracy
M1 0.79 0.62 1.25 60.89
M2 0.66 0.44 2.89 63.07
M3 0.56 0.31 1.57 62.87
M4 0.82 0.67 2.68 70.19
M5 0.75 0.56 1.3 80.39

Weights (w) is not already normalised will be normalised later in the code.

Information of benefit positive(+) or negative(-) impact criteria should be provided in I.


The rankings are displayed in the form of a table using a package 'tabulate', with the 1st rank offering us the best decision, and last rank offering the worst decision making, according to TOPSIS method.

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