Hi Community,
Can someone help me with 'Allow Drift' option available in ARIMA forecasting model. What exactly that option does in the model ?
Thanks,
Ramn
Hi @RAMN
The Alteryx documentation on the ARIMA tool includes a link to documentation on the modeling methods used in the tool:
A detailed discussion of the ARIMA model, along with a description of the automated methods used in this tool, can be found in Chapter 8 of Hyndman and Athanasopoulos's online book Forecasting: Principals and Practice.
Section 3.1 of that material provides more information on the drift method including an explanation and examples.
https://otexts.com/fpp2/simple-methods.html
Hi @RAMN - In addition to the above very comprehensive answer you may want to watch the the time series training and learn about the ARIMA tool configuration options: https://community.alteryx.com/t5/Interactive-Lessons/ETS-and-ARIMA/ta-p/610376