Comparative Study of Machine Learning Algorithms for Sales Forecasting: Facebook Prophet vs. Established Statistical Models
Samir Kumar, Suresh Kumar Garg, Gaurav Mishra · 2025
Purpose: Our primary objective was to compare the performance of Facebook Prophet, a popular ML algorithm, against established statistical models like SARIMA and Holt-Winters. This study focused on analysing time series sales data, acknowledging the significant influence of seasonality on sales patterns.