arrow
Return

Criteria for classifying forecasting methods

delete2020-01-01
delete90
delete
OA
AI
T
Tim Januschowski *
J
Jan Gasthaus
Y
Yuyang Wang
D
David Salinas
V
Valentín Flunkert
L
Laurent Callot
DOI:10.1016/j.ijforecast.2019.05.008delete
deleteOriginal
deleteShare
deleteSave
View PDF
Abstract

Abstract

En 中文
Classifying forecasting methods as being either of a machine learning or statistical nature has become commonplace in parts of the forecasting literature and community, as exemplified by the M4 competition and the conclusion drawn by the organizers. We argue that this distinction does not stem from fundamental differences in the methods assigned to either class. Instead, this distinction is probably of a tribal nature, which limits the insights into the appropriateness and effectiveness of different forecasting methods. We provide alternative characteristics of forecasting methods which, in our view, allow to draw meaningful conclusions. Further, we discuss areas of forecasting which could benefit most from cross-pollination between the ML and the statistics communities. (C) 2019 International Institute of Forecasters. Published by Elsevier B.V. All rights reserved.
Keywords:
TIME
REGRESSION
AI Summary

AI Summary

Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.

Journal

International Journal of Forecasting cover
International Journal of Forecasting
IF:
7.1
Papers:
3.1K
Citations:
9.9K

Organization

No organization information available
Cited Papers

Cited Papers

Another look at measures of forecast accuracy
err2006-10-01
err3.4K
errOAAI
errHyndman, Rob J.; Koehler, Anne B.
errShare
errSave
errShare
errSave
errShare
errSave
Simulation of sugar kelp (Saccharina latissima) breeding guided by practices to accelerate genetic gains
err2022-01-19
err0
errOAAI
errMao Huang; Kelly R Robbins; Yaoguang Li; Schery Umanzor; Michael Marty-Rivera; David Bailey; Charles Yarish; Scott Lindell; Jean-Luc Jannink
errShare
errSave
Group LASSO for Structural Break Time Series
err2014-06-13
err94
PREAI
errChan, Ngai Hang; Yau, Chun Yip; Zhang, Rong-Mao
errShare
errSave
Unmasking Clever Hans predictors and assessing what machines really learn
err2019-03-11
err646
errOAAI
errLapuschkin, Sebastian; Waeldchen, Stephan; Binder, Alexander; Montavon, Gregoire; Samek, Wojciech; Mueller, Klaus-Robert
errShare
errSave
researcher View more