This Forecasting Wizard Prefers Statistical Models Over Machine Learning

IBF On Demand - A podcast by IBF0 Eric Wilson CPF

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00:00 Introduction 01:57 M6 Forecasting Competition - forecasting Walmart sales 03:25 Forecasting wizard, Gee Thompson 05:20 Gee's approach to the Walmart forecasting competition 08:00 Why Gee goes against the machine learning trend 09:35 Proving there's a place for traditional statistical models and human intelligence 12:43 Manual multipliers for seasonality 14:30 Explaining the Innovation State Space Model - is it a kind of Holt Winters method? 22:05 Probabilistic forecasting is here to...