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Modern Time Series Forecasting with Python

You're reading from   Modern Time Series Forecasting with Python Industry-ready machine learning and deep learning time series analysis with PyTorch and pandas

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Product type Paperback
Published in Oct 2024
Publisher Packt
ISBN-13 9781835883181
Length 658 pages
Edition 2nd Edition
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Authors (2):
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Jeffrey Tackes Jeffrey Tackes
Author Profile Icon Jeffrey Tackes
Jeffrey Tackes
Manu Joseph Manu Joseph
Author Profile Icon Manu Joseph
Manu Joseph
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Toc

Table of Contents (26) Chapters Close

Preface 1. Part-1: Getting Familiar with Time Series FREE CHAPTER
2. Introducing Time Series 3. Acquiring and Processing Time Series Data 4. Analyzing and Visualizing Time Series Data 5. Setting a Strong Baseline Forecast 6. Part-2: Machine Learning for Time Series
7. Time Series Forecasting as Regression 8. Feature Engineering for Time Series Forecasting 9. Target Transformations for Time Series Forecasting 10. Forecasting Time Series with Machine Learning Models 11. Ensembling and Stacking 12. Global Forecasting Models 13. Part-3: Deep Learning for Time Series
14. Introduction to Deep Learning 15. Building Blocks of Deep Learning for Time Series 16. Common Modeling Patterns for Time Series 17. Attention and Transformers for Time Series 18. Strategies for Global Deep Learning Forecasting Models 19. Specialized Deep Learning Architectures for Forecasting 20. Probabilistic Forecasting and More 21. Part-4: Mechanics of Forecasting
22. Multi-Step Forecasting 23. Evaluating Forecast Errors—A Survey of Forecast Metrics 24. Evaluating Forecasts—Validation Strategies 25. Index

The need for specialized architectures

Inductive bias, or learning bias, refers to a set of assumptions a learning algorithm makes to generalize the function it learns on training data to unseen data. Inductive bias is not inherently a bad thing and is different from “bias” in the context of bias and variance in learning theory. We use and design inductive bias either through model architectures or through feature engineering. For instance, a Convolutional Neural Network (CNN) works better on images than a standard Feed Forward Network (FFN) on pure pixel input because the CNN has the locality and spatial bias that FFNs do not have. Although the FFN is theoretically a universal approximator, we can learn better models with the inductive bias the CNN has.

Deep learning is thought to be a completely data-driven approach where the feature engineering and final task are learned end to end, thus avoiding the inductive bias that the modelers bake in while designing the...

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