Are ARIMA models good? – Page 2

Are ARIMA models good? – Page 2 – Enpatika

How accurate is ARIMA forecasting?

1 April 2022 Enpatika.com Genel

ARIMA (1,1,33) model showed better accuracy. Although within the measurement of MAPE, the accuracy was 99.74% and ARIMA (1,2,33) was 99.75% which is almost the same. However, owing to its result from holdout test it is considered the best accuracy among the three models.

Is ARIMA best for forecasting?

1 April 2022 Enpatika.com Genel

ARIMA (Autoregressive Integrated Moving Average): ARIMA is arguably the most popular and widely used statistical technique for forecasting .