Multi-Step Time Series Forecasting In Python
In this tutorial, I will explain two (and a half) methods to generate multi-step forecasts using time series data. They are the recursive or autoregressive method, the direct method, and a variant of the direct method with a single model. Preparing the Data We will use a dataset containing information about yearly rice production. import pandas as pd import numpy as np import os data = pd.read_csv(os.path.join(path, 'rice production across different countries from 1961 to 2021....