The Prophet algorithm is an additive model , which means that it detects the following trend and seasonality from the data first, then combine them together to get the forecasted values.
Read moreWhat is prophet Facebook?
In 2017, Facebook released Prophet, an open-source forecasting tool in Python and R . The demand for high-quality forecasts often outpaces the analysts producing them.
Read moreWhat is time series forecasting in Python?
Time series forecasting is the task of predicting future values based on historical data . Examples across industries include forecasting of weather, sales numbers and stock prices.6 Eki 2021
Read moreHow do you forecast a time series?
Time series forecasting occurs when you make scientific predictions based on historical time stamped data. It involves building models through historical analysis and using them to make observations and drive future strategic decision-making .
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