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Forecasting with trees

delete2022-10-01
delete45
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OA
AI
T
Tim Januschowski *
Y
Yuyang Wang
K
Kari Torkkola
H
Hilaf Hasson
J
Jan Gasthaus
DOI:10.1016/j.ijforecast.2021.10.004delete
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Abstract

Abstract

En 中文
The prevalence of approaches based on gradient boosted trees among the top contestants in the M5 competition is potentially the most eye-catching result. Tree-based methods out-shone other solutions, in particular deep learning-based solutions. The winners in both tracks of the M5 competition heavily relied on them. This prevalence is even more remarkable given the dominance of other methods in the literature and the M4 competition. This article tries to explain why tree-based methods were so widely used in the M5 competition. We see possibilities for future improvements of tree-based models and then distill some learnings for other approaches, including but not limited to neural networks.(c) 2021 The Author(s). Published by Elsevier B.V. on behalf of International Institute of Forecasters. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Keywords:
Random forests
Probabilistic forecasting
Gradient Boosted Trees
Global forecasting models
Deep Learning
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
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