Automated Time-Series Forecasting at Google

April 20, 2017
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(This article was originally published at No Hesitations, and syndicated at StatsBlogs.)

Check out this piece on automated time-series forecasting at Google.  It's a fun and quick read. Several aspects are noteworthy.  

On the upside:

-- Forecast combination features prominently -- they combine forecasts from an ensemble of models.  

-- Uncertainty is acknowledged -- they produce interval forecasts, not just point forecasts.

On the downside:

-- There's little to their approach that wasn't well known and widely used in econometrics a quarter century ago (or more).  Might not something like Autobox, which has been around and evolving since the 1970's, do as well or better?



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