Choosing the best model

Question

Hello Community,

I am relatively new to Alteryx and got stuck on an issue, any help would be much appreciated

So, I have a workflow where I am using ETS and ARIMA to forecast a variable and then using TS Compare to check which model is better based on MAPE.

The next thing that I want to do is choose the model based on lower MAPE and then use TS Forecast to get the forecasted values.

Problem: Is there a way to automate this process,rather than opening the report of TS Compare and manually check which value is lower  can I select MAPE as the indicator and use min condition to choose the lower MAPE amongst ETS and ARIMA and then run TS Forecast on the model with lower MAPE

I haven't used macros in alteryx but I believe that could do this job

DrDan · Accepted Answer

@Amit, currently you do need to examine the report to select the best model using TS Compare. Doing it as a completely automated process can be done in Alteryx, but it would involve writing custom R code to implement it at this point in time. However, it is something we will consider for a future release.

Dan