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mkingopng / electricity_demand_forecasting

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Prophet Model #15

Closed mkingopng closed 2 months ago

mkingopng commented 2 months ago

Prophet is a procedure for forecasting time series data based on an additive model where non-linear trends are fit with yearly, weekly, and daily seasonality, plus holiday effects. It works best with time series that have strong seasonal effects and several seasons of historical data. Prophet is robust to missing data and shifts in the trend, and typically handles outliers well.

If properly implemented, it should perform well on this forecasting application.

mkingopng commented 2 months ago

Prophet is now performing quite well. It took a bit of youtube watching to figure it out. Best MAE = 113 so we have a new best model