Machine Learning and Forecasting: A Review

  title={Machine Learning and Forecasting: A Review},
  author={Petrus H. Potgieter},
The proliferation of business data and on-demand computing have propelled the use of artificial intelligence methods in quantitative forecasting. Machine learning has a prominent role in solving clustering and classification problems as well as dimensionality reduction. Nevertheless, traditional statistical methods of forecasting continue to perform well in competitions and many practical applications. The chapter considers critically the successes of machine learning in forecasting, using some… 
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