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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

Building a simple model in Prophet

The longest record of direct measurements of CO2 in the atmosphere was started in March 1958 by Charles David Keeling of the Scripps Institution of Oceanography. Keeling was based in La Jolla, California, but had received permission from the National Oceanic and Atmospheric Administration (NOAA) to use their facility located two miles above sea level on the northern slope of Mauna Loa, a volcano on the island of Hawaii, to collect carbon dioxide samples. At that elevation, Keeling's measurements would be unaffected by local releases of CO2, such as from nearby factories.

In 1961, Keeling published the data he had collected thus far, establishing that there was strong seasonal variation in CO2 levels and that they were rising steadily, a trend that later became known as the Keeling Curve. By May 1974, the NOAA had begun their own parallel measurements and have continued since then. The Keeling Curve graph is as follows:

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