What is feature generation?

Feature generation is the process of creating new features from one or multiple existing features, potentially for use in statistical analysis . This process adds new information to be accessible during the model construction and therefore hopefully result in a more accurate model.

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What are time features?

Date Time Features: these are components of the time step itself for each observation . Lag Features: these are values at prior time steps. Window Features: these are a summary of values over a fixed window of prior time steps.14 Ara 2016

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