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1. Benchmark forecasting
Latest   Machine Learning

1. Benchmark forecasting

Last Updated on July 24, 2023 by Editorial Team

Author(s): Mahbubul Alam

Originally published on Towards AI.

Data Science

Photo by Greg Rakozy on Unsplash

Time-series forecasting is one of the most talked-about topics in data science. Not surprisingly, there is a rich forecasting toolbox with many different options to choose from for data scientists. The possibilities are so many that they often leave data scientists being overwhelmed, puzzled, and sometimes outright confused.

More often than not, these techniques are closely related to each other. Limitations in one technique most likely led to the development of another. As we shall see below, for example, all techniques in the ARIMA family (e.g., AR, MA, SARIMA, SARIMAX) may look different, but in reality,… Read the full blog for free on Medium.

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Published via Towards AI

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