Costs for preparing time series forecasts generally are lower than for other models.

Name: Costs for preparing time series forecasts generally are lower than for other models.
Brand: Quizplus
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Quizplus · Accepted Answer

Time series forecasting models typically require less expensive data preparation compared to other models, which can involve complex feature engineering and data cleaning. Time series models may require some basic pre-processing, such as filling missing values or handling outliers, but overall the cost is generally lower.

Costs for Preparing Time Series Forecasts Generally Are Lower Than