Prophet is an addictive regression model with the following components: y(t) = g(t) + s(t) + h(t) + ϵₜ
- g(t) - trend
- s(t) - seasonality
- h(t) - holidays or other business impactive events
- ϵₜ - irreducible error term
This model is specialized in the time series analysis and forecasting
This model usage is pretty straightforward, you don't need to specify any parameters. On-demand you can turn off some of the components:
After that you are ready to train the model!