Facebook Prophet

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21.8%

XGBoost RMSE reduction vs Random Forest. Economic Analysis p.1

Forecasting the Global Aviation Industry Index with Machine Learning Methods

Research paperEconomic AnalysisNovember 202613 pages

XGBoost reduces RMSE by approximately 21.8% compared to Random Forest and by 64.5% compared to Facebook Prophet when forecasting the U.S. Global Jets ETF (JETS).