Method evidence record
Prophet
Prophet is a Bayesian structural time series model introduced by Taylor and Letham at Facebook/Meta in 2018. It forecasts a continuous series by decomposing it into separate, interpretable trend, seasonality, and holiday components, and is designed to be approachable for analysts working at scale.
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Prophet Decomposable Time Series Forecasting Model
Taxonomic method record · regression-model / econometrics
- Taylor, S. J. & Letham, B. (2018). Forecasting at Scale. The American Statistician, 72(1), 37-45. · DOI 10.1080/00031305.2017.1380080
- Taylor, S. J. & Letham, B. (2017). Prophet: Forecasting at Scale [Software]. Facebook/Meta. · URL
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