What are the option for probabilistic forecast in Matlab for energy forecasting?

6 views (last 30 days)
What are the option for probabilistic forecast in Matlab for energy forecasting? probability density function

Accepted Answer

William Rose
William Rose on 28 Jun 2021
Matlab has many excellent tools for prbabilistic forecasting. A baseline of knowledge is needed, in the area of time seris analysis and probability and statistics. If you have a good data set of past energy use, then you can use it for future predicting. Perhaps a lognormal distribution, with μ and σ growing linearly with time, is useful. The timescale of interest and the data itslf will determine what model is appropriate. The Statistics and Mchine Learning Toolbox and the System Identification Toolbox are likely to be very useful. Use the links above to dive into the documentation.

More Answers (0)

Categories

Find more on Linear Model Identification in Help Center and File Exchange

Products


Release

R2019b

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!