No abstract

No abstract

Interest in quantum computing has increased significantly. Tensor network theory has become increasingly popular and widely used to simulate strongly entangled correlated systems. Matrix product state (MPS) is a well-designed class of tensor network states that plays an important role in processing quantum information. In this letter, we show that MPS, as a one-dimensional array of tensors, can be used to classify classical and quantum data. We have performed binary classification of the classical machine learning data set Iris encoded in a quantum state. We have also investigated its performance by considering different parameters on the ibmqx4 quantum computer and proved that MPS circuits can be used to attain better accuracy. Furthermore the learning ability of an MPS quantum classifier is tested to classify evapotranspiration (ET[Formula: see text]) for the Patiala meteorological station located in northern Punjab (India), using three years of a historical data set (Agri). We have used different performance metrics of classification to measure its capability. Finally, the results are plotted and the degree of correspondence among values of each sample is shown.

We present a detailed study of portfolio optimization using different versions of the quantum approximate optimization algorithm (QAOA). For a given list of assets, the portfolio optimization problem is formulated as quadratic binary optimization constrained on the number of assets contained in the portfolio. QAOA has been suggested as a possible candidate for solving this problem (and similar combinatorial optimization problems) more efficiently than classical computers in the case of a sufficiently large number of assets. However, the practical implementation of this algorithm requires a careful consideration of several technical issues, not all of which are discussed in the present literature. The present article intends to fill this gap and thereby provides the reader with a useful guide for applying QAOA to the portfolio optimization problem (and similar problems). In particular, we will discuss several possible choices of the variational form and of different classical algorithms for finding the corresponding optimized parameters. Viewing at the application of QAOA on error-prone NISQ hardware, we also analyse the influence of statistical sampling errors (due to a finite number of shots) and gate and readout errors (due to imperfect quantum hardware). Finally, we define a criterion for distinguishing between ‘easy’ and ‘hard’ instances of the portfolio optimization problem.

No abstract