Using LSTM, time series forecasting models can predict future values based on previous, sequential data . This provides greater accuracy for demand forecasters which results in better decision making for the business. … The LSTM has the ability to triage the impact patterns from different categories of events.
Read moreWhy do we use LSTM for prediction?
LSTMs are widely used for sequence prediction problems and have proven to be extremely effective. The reason they work so well is that LSTM can store past important information and forget the information that is not .
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