In my earlier article, we explored the fundamentals of time sequence forecasting with sktime, learn how to leverage this highly effective library for easy forecasting duties. Now, it’s time to take our journey additional and dive into the superior methods that may provide help to optimize your forecasts and enhance their accuracy. On this follow-up, we’ll discover learn how to construct extra refined fashions, tune hyperparameters, and even do mannequin structure search with sktime.
First, for a straightforward begin, let me show the essential sktime workflow once more. This time, we’ll use the Longley dataset, which is part of sktime (BSD-3 license). It comprises numerous US macroeconomic variables from the years 1947 to 1962 and appears like this: