Beginning our Series on Forecasting with Data-Driven Models

After presenting a data-driven modeling prototype at the 2016 Innovations in Travel Modeling Conference, some asserted that it could not be used in forecasting. Nothing could be further from the truth. We admit, though, that forecasting would perhaps not be in the way we have traditionally done so. Josie Kressner and I put together a presentation to illustrate the wide range of approaches that can be used with data-driven models (or any other type of model, for that matter) at the TRB Transportation Planning Applications Conference this week. Cramming it all into a 15-minute presentation necessitated firehosing the audience with ideas, but few concrete examples were included. So we are going to write a series of blog posts here that discuss each of them in more detail.

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