2018
DOI: 10.1080/00031305.2017.1380080
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Forecasting at Scale

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Cited by 1,435 publications
(518 citation statements)
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References 14 publications
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“…(ii) Time series decomposition: distinction of the seasonal (periodic) components of the time series was performed with the Prophet model (Taylor and Letham ). If y ( t ) is the observed time series, Prophet uses an additive model, where linear growth trends ( g ( t )) are fitted with periodic seasonalities ( s ( t )), plus a normal random error term ( ϵ ( t )): yt=gt+st+ϵt …”
Section: Methodsmentioning
confidence: 99%
See 2 more Smart Citations
“…(ii) Time series decomposition: distinction of the seasonal (periodic) components of the time series was performed with the Prophet model (Taylor and Letham ). If y ( t ) is the observed time series, Prophet uses an additive model, where linear growth trends ( g ( t )) are fitted with periodic seasonalities ( s ( t )), plus a normal random error term ( ϵ ( t )): yt=gt+st+ϵt …”
Section: Methodsmentioning
confidence: 99%
“…The Prophet developers set default values for the parameters that are appropriate for most forecasting problems (Taylor and Letham 2018a): τ = 0.05, σ 2 = 10, 10 Fourier terms for the yearly periodic component, three Fourier terms for weekly periodic component and four Fourier terms for daily periodic component. These values proved to be suitable for our data.…”
Section: Methodsmentioning
confidence: 99%
See 1 more Smart Citation
“…Prophet is robust to missing data and shifts in the trend, and typically handles outliers well. According to Taylor and Letham [23] research, Prophet is used in many applications across Facebook for producing reliable forecasts and performs better than any other approach in the majority of cases.…”
Section: Prophet -A Tool For Time Series Forecasting At Scalementioning
confidence: 99%
“…En esa línea, podemos observar que, sobre todo en países de Europa central y en Estados Unidos, se ha comenzado a testear científicamente la capacidad predictiva de las RR.SS., especialmente en contextos electorales y también en estudios de mercado (Taylor & Lethman, 2017). Ya no solamente se trata del uso de la IA para la comunicación política, se avanza un paso y se explora la red para predecir resultados electorales (Schoen et al, 2013).…”
Section: Leer Las Redes Leer La Sociedad: Uso Y Estudio De Las Rrssunclassified