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Add outlier detection to timeseries forecasting

Related products:Software Factory
  • July 19, 2023
  • 1 reply
  • 29 views
  • Benjamin Westra
  • Linde van Dyck
  • Lucster

The timeseries forecasting eliminates the seasonal/daily pattern when there is an outlier. To make for a better forecasting model add a outlier detection to keep the pattern intact. Optional a setting might be added to the timeseries forecasting process action to set the upper limit for outlier detection (3 times average sales for example).

No outlier: 

 

 

With Outlier:

 

 

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Mark Jongeling
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