Is Facebook's "Prophet" the Time-Series Messiah, or Just a Very Naughty Boy?
12 min Is Facebook's "Prophet" the Time-Series Messiah, or Just a Very Naughty Boy? Published on February 3, 2021 Facebook's Prophet package aims to provide a simple, automated approach to prediction of a large number of different time series. The package employs an easily interpreted, three component additive model whose Bayesian posterior is sampled using STAN. In contrast to some other approaches, the user of Prophet might hope for good performance without tweaking a lot of parameters. Instead, hyper-parameters control how likely those parameters are a priori, and...
Source: microprediction.com