Data Science: Can machine learning be used for time-series analysis?

Question

Data Science: Can machine learning be used for time-series analysis?

Answer 1

Time series forecasting is a significant area of machine learning that is often ignored.

It is remarkable because there are numerous prediction problems that include a time component. These difficulties are ignored because it is this time component that makes time series problems more difficult to handle.

Various types of forecasting we can make the machine to do in real life. The name, ‘time-series’ itself implies that data related to it varies with time. The primary motive in time series problems in forecasting. Time Series Analysis For Business Forecasting helps to forecast/predict the future values of a critical field that has a potential business value in the industry, predict the health condition of a person, predict outcomes of a sport or performance of a player based on past performances and previous data.  If you want to know more about Data Science then do check out Intellipaat’s online course which will help you in learning Data Science Training from scratch and also provides one-to-one mentorship:

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