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Image by Markus Winkler

Demand Forecasting

With the help of Facebook's time series model, Prophet, we can forecast sales demand into the future. Prophet is an open source project released by Facebook to forecast time series data based on an additive model where non-linear trends are fit with yearly, weekly, and daily seasonality, plus holiday effects. These attributes make it especially suitable for tackling business time-series problems like Demand Forecasting.

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