Time series analysis is a statistical analysis that deals with trend analysis. Time series analysis is done using a time series data that spans across a period of time. In summary, it involves looking for the correlation between your dependent variable and time.

Facebook Prophet algorithm is an algorithm designed by facebook which is an open source time series forecasting algorithm. It builds a model by finding the best smooth line represented by:

y(t) = g(t) + s(t) + h(t) + ϵ


g(t) = overall growth trend

s(t) = yearly seasonality, weekly seasonality

h(t) = holiday effect

In this…

Nwosu Rosemary

Data Scientist || Machine Learning enthusiast and hobbyist

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