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Forecasting Methods

isaacmg edited this page Jul 17, 2020 · 8 revisions

Summary Overview

There are several different methods we can use for forecasting each with its own pros/cons.

New cases

Method Pros Cons
New cases (raw)
  • High granularity: In theory tell public officials exactly what days diagnosis will occur
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    New cases 7 day rolling average
  • Removes the noise associated with reporting delays.
  • Easier to see if model is learning disease trajectories
  • Hard to forecast for non-stationary data and predict out of distribution events
  • New cases difference
  • Still high granularity
  • Works better on non-stationary data
  • 7 day rolling average difference
  • Removes the noise associated with reporting delays.
  • Helps solve non-stationary data problems
  • Less intuitive and comparable to other models
  • Hospitalizations

    Method Pros Cons
    New hospitalizations (raw)
  • High granularity: In theory tell public officials exactly what days diagnosis will occur
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    Total active hospitalizations
  • Removes the noise associated with reporting delays.
  • Easier to see if model is learning disease trajectories
  • Hard to forecast for non-stationary data and predict out of distribution events
  • Hospitalizations difference
  • Still high granularity
  • Works better on non-stationary data
  • Analysis

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