Question

It is a good practice to apply Forecasting models for non-stationary time series
true or false

Answer 1

Answer:true

Step-by-step explanation:

Answer 2

Answer:

Answer is 'False'.

Thank me later.

Step-by-step explanation:

Forecasting involves taking models fit on historical data and using them to predict future observations.

The skill of a time series forecasting model is determined by its performance at predicting the future. This is often at the expense of being able to explain why a specific prediction was made, confidence intervals and even better understanding the underlying causes behind the problem.