Prophet

Prophet forecasts numbers while paying attention to trends, seasons, and holidays.

What it does

Prophet forecasts numbers while paying attention to trends, seasons, and holidays.

Anomaly: A weird one-time event • Trend: The general direction

How it works

• Look at the overall direction.
• Find repeating weekly or yearly patterns.
• Add special days like holidays when they matter.

Uses and applications

• A store can predict holiday shopping demand.
• A website can forecast traffic on weekends.
• A restaurant can plan staffing for busy days.

In short

Prophet combines growth, seasonality, and holidays.

Related methods

• ARIMA: A classic statistical approach to time-series forecasting.
• Survival Analysis: Estimates time until an event rather than future values.

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