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ARIMA model is a classical and widely-used model.
ARIMA model is a generalization of an ARMA model.
ARIMA model ignored the influence of other factors on price.
ARIMA model of a time series is defined by three terms (p, d, q).
Time-series models including autoregressive integrated moving average (ARIMA) model and seasonal ARIMA model were mainly used in recently published studies.
Figure 8 ARIMA model rebuild times.
Figure 10 Multiple ARIMA model rebuild times.
Step 3: Estimate ARIMA model parameters.
Therefore, the cost of ARIMA model rebuild is composed of two parts, the computation cost of ARIMA model and the transmission cost of ARIMA model parameters.
Hence, the computation cost of ARIMA model is relatively low.
It then sends the ARIMA model parameters to aggregator.
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CEO of Professional Science Editing for Scientists @ prosciediting.com