Chapter 9: Forecasting and Time Series Modeling
In this chapter, we will understand what time series are and will see how DataRobot can be used to model them. Time series modeling is becoming increasingly useful in businesses. However, the challenges associated with forecasting make it quite challenging for many skilled data scientists to successfully carry out time series modeling, and this form of modeling could also be extremely time-consuming. DataRobot provides an automated process that enables data scientists to carry out time series projects in an effective and efficient fashion. In this chapter, we will introduce the concept of forecasting, stressing its commercial importance and inherent challenges, and illustrate how DataRobot can be used to build its models.
By the end of this chapter, you will have learned how to utilize DataRobot in building time series forecasting models. In addition, we will look at making predictions with these models. We go further by building models...
