Prophet of The Future . Prophet is open source software released by Facebook’s Core Data Science team. It is available for download on CRAN and PyPI. Prophet is a procedure for forecasting time series data based on an additive model where non-linear trends are fit with yearly, weekly, and daily seasonality, plus holiday effects. 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. Accurate and fast. Fully automatic. Tunable forecasts. Available in R or Python. Let’s explore this with an example. Here we are using Air Passenger dataset and our jupyter workbook. (you can get the link to this dataset at the end) import warnings warnings . filterwarnings( "ignore" ) import numpy as np from d...
Devil’s in the data. I am a very curious and observant little thing. I have experience in Business Analytics of Real Estate and Engineering. I love playing with data and visualising it