How to Grid Search Naive Methods for Univariate Time Series Forecasting - MachineLearningMastery.com
Simple forecasting methods include naively using the last observation as the prediction or an average of prior observations. It is important to evaluate the performance of simple forecasting method...
Source: MachineLearningMastery.com
Simple forecasting methods include naively using the last observation as the prediction or an average of prior observations. It is important to evaluate the performance of simple forecasting methods on univariate time series forecasting problems before using more sophisticated methods as their performance provides a lower-bound and point of comparison that can be used to […]