How to do probabilistic forecast in Matlab?
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What are the option for probabilistic forecast in Matlab for energy forecasting?
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Shivam Lahoti
2024-2-20
Hi israt,
In MATLAB, there are several options for performing probabilistic forecasting, particularly in the context of energy forecasting. Probabilistic forecasts are useful because they provide a range of possible outcomes with associated probabilities, rather than a single-point forecast.
Kindly refer to this video titled ‘Using Machine Learning and Deep Learning for Energy Forecasting with MATLAB’ to understand the complete workflow in MATLAB.
To learn more about the toolbox you can refer to the following documentation:
I hope it was helpful.
Regards,
Shivam.
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