Session 9 - Forecasting: Using Prophet Methodology for Forecasting

Presenter Information/ Coauthors Information

Ally Pelletier, Polaris IndustriesFollow

Presentation Type

Oral

Track

Other

Abstract

Forecasting can be a difficult endeavor but is helpful for understanding trends and goal setting. "Prophet" is a forecasting procedure developed by Facebook and is available in either R or Python. It can be easily adjusted to account for seasonality, holidays, and outliers by either data scientists or data analysts. We'll walk through an example forecast and talk about how to present and use forecasts in a digital setting.

Start Date

2-11-2020 2:30 PM

End Date

2-11-2020 3:25 PM

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Feb 11th, 2:30 PM Feb 11th, 3:25 PM

Session 9 - Forecasting: Using Prophet Methodology for Forecasting

Dakota Room 250 A/C

Forecasting can be a difficult endeavor but is helpful for understanding trends and goal setting. "Prophet" is a forecasting procedure developed by Facebook and is available in either R or Python. It can be easily adjusted to account for seasonality, holidays, and outliers by either data scientists or data analysts. We'll walk through an example forecast and talk about how to present and use forecasts in a digital setting.