Forecasting Avocado Prices
Challenge 14
Level: Medium
Description: You are a data scientist asked to analyze an avocado dataset by your team. The task at hand is to pick a specific avocado type in the whole of the US and forecast its daily average prices. To do that, you should train, apply, and score an ARIMA model. Do you see any seasonality in the line plot or autocorrelation plots? Do you think a seasonal ARIMA (SARIMA) would perform better? For your model, visualize forecasts and compute scoring metrics.
Authors: Roberto Cadili, Swetha Kannan, and Corey Weisinger
Dataset: Avocado Price Data in the KNIME Community Hub
Challenge 14
Level: Medium
Description: You are a data scientist asked to analyze an avocado dataset by your team. The task at hand is to pick a specific avocado type in the whole of the US and forecast its daily average prices. To do that, you should train, apply, and score an ARIMA model. Do you see any seasonality in the line plot or autocorrelation plots? Do you think a seasonal ARIMA (SARIMA) would perform better? For your model, visualize forecasts and compute scoring metrics.
Authors: Roberto Cadili, Swetha Kannan, and Corey Weisinger
Dataset: Avocado Price Data in the KNIME Community Hub