In this article, we provide a general overview of how our teams leverage forecasting to build better products and maintain the health of the Uber marketplace.
This article is the first in a series dedicated to explaining how Uber leverages forecasting to build better products and services. In recent years, machine learning, deep learning, and probabilistic programming have shown great promise in generating accurate forecasts. In addition to standard statistical algorithms, Uber builds forecasting solutions using these three techniques. Below, we discuss the critical components of forecasting we use, popular methodologies, backtesting, and prediction intervals...
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