Novel L1 Regularized Extreme Learning Machine for Soft-Sensing of an Industrial Process

Extreme learning machine (ELM) is suitable for nonlinear soft sensor development. Yet it faces an overfitting problem. To overcome it, this work integrates bound optimization theory with variational Bayesian (VB) inference to derive novel L1 norm-based ELMs. An L1 term is attached to the squared sum cost of prediction errors to formulate an objective function. Considering the nonconvexity and nons...