How do you use a Prophet in Python?

To use Prophet for forecasting, first, a Prophet() object is defined and configured, then it is fit on the dataset by calling the fit() function and passing the data . The Prophet() object takes arguments to configure the type of model you want, such as the type of growth, the type of seasonality, and more.26 Ağu 2020

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What is DS and Y in Prophet?

The input to Prophet is always a dataframe with two columns: ds and y . The ds (datestamp) column should be of a format expected by Pandas, ideally YYYY-MM-DD for a date or YYYY-MM-DD HH:MM:SS for a timestamp. The y column must be numeric, and represents the measurement we wish to forecast.

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How good is Prophet?

It works best with time series that have strong seasonal effects and several seasons of historical data. Prophet is robust to missing data and shifts in the trend, and typically handles outliers well . Seasonal effects caused by human behavior: weekly, monthly and yearly cycles, dips and peaks on public holidays.

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Why do we use Prophet?

It is open for collaboration, and people are free to make pull requests to improve it further . One major advantage with Prophet is that it does not require much prior knowledge of forecasting time series data as it can automatically find seasonal trends with a set of data and offers easy to understand parameters.

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