Prophet for forecasting with a lot of data

Posted to Software  |  Tags: , ,  |  Nathan Yau

Facebook released Prophet, which is a procedure to quickly forecast with time series data.

Prophet is a procedure for forecasting time series data. It is based on an additive model where non-linear trends are fit with yearly and weekly seasonality, plus holidays. It works best with daily periodicity data with at least one year of historical data. Prophet is robust to missing data, shifts in the trend, and large outliers.

Plus it’s available in both Python and R. What. Should be worth a look.

Favorites

Pizza Place Geography

Most of the major pizza chains are within a 5-mile radius of where I live, so I have my pick, …

Where People Run in Major Cities

There are many exercise apps that allow you to keep track of your running, riding, and other activities. Record speed, …

The Best Data Visualization Projects of 2014

It’s always tough to pick my favorite visualization projects. Nevertheless, I gave it a go.

A Day in the Life of Americans

I wanted to see how daily patterns emerge at the individual level and how a person’s entire day plays out. So I simulated 1,000 of them.