Accurate predictions of the future behavior of the solar activity cycl
e have been sought for many years, Several classes of prediction appro
ach have been proposed, with many variations in each class, and have a
chieved varying degrees of success, However, considerable room for imp
rovement still remains, Artificial neural network models enjoyed a res
urgence in popularity as prediction tools during the late 1980s, as a
consequence of the discovery of the back propagation of errors learnin
g algorithm, Initial investigations have been carried out into their p
otential for predicting solar activity (e.g,, Koons and Gorney, 1990;
Williams, 1991; Macpherson, 1993a, b). In this paper, we investigate i
n detail the effect different neural network architectures and learnin
g parameters have on the prediction accuracy of various networks train
ed on smoothed monthly sunspot and solar 10.7-cm flux data, The import
ance of obtaining the best generalization capability of a neural netwo
rk is stressed, Prediction of the geomagnetic aa index is also conside
red, Finally, in order to validate the usefulness of this technique, t
he results are compared with a variant of the well-established McNish
and Lincoln method (McNish and Lincoln, 1949) and are found to be supe
rior in terms of prediction accuracy.