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Main Authors: English, Eshant, Wong-Toi, Eliot, Fontana, Matteo, Mandt, Stephan, Smyth, Padhraic, Lippert, Christoph
Format: Preprint
Published: 2024
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Online Access:https://arxiv.org/abs/2407.06390
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author English, Eshant
Wong-Toi, Eliot
Fontana, Matteo
Mandt, Stephan
Smyth, Padhraic
Lippert, Christoph
author_facet English, Eshant
Wong-Toi, Eliot
Fontana, Matteo
Mandt, Stephan
Smyth, Padhraic
Lippert, Christoph
contents Conformal prediction provides machine learning models with prediction sets that offer theoretical guarantees, but the underlying assumption of exchangeability limits its applicability to time series data. Furthermore, existing approaches struggle to handle multi-step ahead prediction tasks, where uncertainty estimates across multiple future time points are crucial. We propose JANET (Joint Adaptive predictioN-region Estimation for Time-series), a novel framework for constructing conformal prediction regions that are valid for both univariate and multivariate time series. JANET generalises the inductive conformal framework and efficiently produces joint prediction regions with controlled K-familywise error rates, enabling flexible adaptation to specific application needs. Our empirical evaluation demonstrates JANET's superior performance in multi-step prediction tasks across diverse time series datasets, highlighting its potential for reliable and interpretable uncertainty quantification in sequential data.
format Preprint
id arxiv_https___arxiv_org_abs_2407_06390
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle JANET: Joint Adaptive predictioN-region Estimation for Time-series
English, Eshant
Wong-Toi, Eliot
Fontana, Matteo
Mandt, Stephan
Smyth, Padhraic
Lippert, Christoph
Machine Learning
Methodology
Conformal prediction provides machine learning models with prediction sets that offer theoretical guarantees, but the underlying assumption of exchangeability limits its applicability to time series data. Furthermore, existing approaches struggle to handle multi-step ahead prediction tasks, where uncertainty estimates across multiple future time points are crucial. We propose JANET (Joint Adaptive predictioN-region Estimation for Time-series), a novel framework for constructing conformal prediction regions that are valid for both univariate and multivariate time series. JANET generalises the inductive conformal framework and efficiently produces joint prediction regions with controlled K-familywise error rates, enabling flexible adaptation to specific application needs. Our empirical evaluation demonstrates JANET's superior performance in multi-step prediction tasks across diverse time series datasets, highlighting its potential for reliable and interpretable uncertainty quantification in sequential data.
title JANET: Joint Adaptive predictioN-region Estimation for Time-series
topic Machine Learning
Methodology
url https://arxiv.org/abs/2407.06390