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Forecasting Time Series Data with Facebook Prophet

You're reading from   Forecasting Time Series Data with Facebook Prophet Build, improve, and optimize time series forecasting models using the advanced forecasting tool

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Product type Paperback
Published in Mar 2021
Publisher Packt
ISBN-13 9781800568532
Length 270 pages
Edition 1st Edition
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Author (1):
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Greg Rafferty Greg Rafferty
Author Profile Icon Greg Rafferty
Greg Rafferty
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Table of Contents (18) Chapters Close

Preface 1. Section 1: Getting Started
2. Chapter 1: The History and Development of Time Series Forecasting FREE CHAPTER 3. Chapter 2: Getting Started with Facebook Prophet 4. Section 2: Seasonality, Tuning, and Advanced Features
5. Chapter 3: Non-Daily Data 6. Chapter 4: Seasonality 7. Chapter 5: Holidays 8. Chapter 6: Growth Modes 9. Chapter 7: Trend Changepoints 10. Chapter 8: Additional Regressors 11. Chapter 9: Outliers and Special Events 12. Chapter 10: Uncertainty Intervals 13. Section 3: Diagnostics and Evaluation
14. Chapter 11: Cross-Validation 15. Chapter 12: Performance Metrics 16. Chapter 13: Productionalizing Prophet 17. Other Books You May Enjoy

Summary

In this chapter, you took the lessons learned from the basic Mauna Loa model you built in Chapter 2, Getting Started with Facebook Prophet, and learned what changes you need to make when the period of your data is not daily. Specifically, you used the Air Passengers dataset to model monthly data and used the freq argument when making your future DataFrame in order to hold back Prophet from predicting daily.

Then, you used the hourly data from Divvy's bike share program to set the future frequency to hourly so that Prophet would increase the granularity of its prediction timescale. Finally, you simulated periodic missing data in the Divvy dataset and learned a different way to match the future DataFrame's schedule to that of the training data, in order to prevent Prophet from making unconstrained predictions.

Now that you know how to handle the different datasets you will encounter in this book, you're ready for the next topic! In the next chapter, you...

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