Summary: | This study evaluated the nature-inspired optimization algorithms to improve classification involving imbalanced class problems. The particle swarm optimization (PSO) and grey wolf optimizer (GWO) were used to adaptively balance the distribution and then four supervised machine learning classifiers artificial neural network (ANN), support vector machine (SVM), extreme gradient-boosted tree (XGBoost), and random forest (RF) were applied to maximize the classification performance for electricity fraud prediction. The imbalance data was balanced using random undersampling (RUS) and two nature-inspired algorithm techniques (PSO and GWO). Results showed that for the data balanced using random undersampling, ANN (Sentest = 50.31%), and XGBoost (Sentest = 66.32%) has better sensitivity than SVM (Sentest = 23.61%), while RF exhibits overfitting (Sentrain = 100%, Sentest = 71.25%). The classification performance of RF model hybrid with PSO improved tremendously (AccTest = 96.98%, Sentest = 94.87%, Spectest = 99.16%, Pretest = 99.14%, F1 Score = 96.96%, and area under the curve (AUC) = 0.989). This was closely followed by hybrid of XGBoost with PSO. Moreover, RF and XGBoost hybrid with GWO also showed an improvement and promising results. This study has showed that nature-inspired optimization algorithms (PSO and GWO) are effective methods in addressing imbalanced dataset. © 2023 Institute of Advanced Engineering and Science. All rights reserved.
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