Abstract
This paper aims to explore approaches to machine learning for predictive analysis of sales. The ensemble learning technique known as stacking is considered to enhance the performance of the sales forecasting predictive model. A stacking methodology was studied to build a single model regression ensemble. The findings indicate that we can improve the performance of predictive sales forecasting models using stacking techniques. The concept is that it is useful to merge all these findings into one with various predictive models with different sets of features.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
A.D. Lacasandile, J.D. Niguidula, J.M. Caballero, Mining the past to determine the future market: sales forecasting using TSDM framework, in Proceedings of the 2017 IEEE Region 10 Conference (TENCON), Malaysia (2017)
H. Koptagel, D.C. Cıvelek, B. Dal, Sales prediction using matrix and tensor factorization models, in 2019 27th Signal Processing and Communications Applications Conference (SIU), Sivas, Turkey (2019), pp 1–4
A. Graefe, J.S. Armstrong, R.J. Jones Jr., A.G. Cuzán, Combining forecasts: an application to elections. Int. J. Forecast. 30, 43–54 (2014)
O. Sagi, L. Rokach, Ensemble learning: a survey. Wiley Interdiscip. Rev. Data Min. Knowl. Discov. 8, e1249 (2018)
L. Rokach, Ensemble-based classifiers. Artif. Intell. Rev. 33, 1–39 (2010)
D.H. Wolpert, Stacked generalization. Neural Netw. 5, 241–259 (1992)
H.M. Gomes, J.P. Barddal, F. Enembreck, A. Bifet, A survey on ensemble learning for data stream classification. ACM Comput. Surv. (CSUR) 50, 23 (2017)
G. James, D. Witten, T. Hastie, R. Tibshirani, An Introduction to Statistical Learning, vol. 112 (Springer, Cham, 2013)
S. Mortensen, M. Christison, B. Li, A. Zhu, R. Venkatesan, Predicting and defining B2B sales success with machine learning, in 2019 Systems and In-formation Engineering Design Symposium (SIEDS), Charlottesville, VA, USA (2019), pp. 1–5
W. Huang, Q. Xiao, H. Dai, N. Yan, Sales forecast for O2O services-based on incremental random forest method, in 2018 15th International Conference on Service Systems and Service Management (ICSSSM), Hangzhou (2018), pp. 1–5
V. Katkar, S.P. Gangopadhyay, S. Rathod, A. Shetty, Sales forecasting using data warehouse and Naïve Bayesian classifier, in International Conference on Pervasive Computing (ICPC) (2015)
B.M. Pavlyshenko, Linear, machine learning and probabilistic approaches for time series analysis, in Proceedings of the IEEE First International Conference on Data Stream Mining & Processing (DSMP), Lviv, Ukraine, 23–27 Aug 2016 (IEEE, Piscataway, NJ, USA, 2016), pp. 377–381
Kaggle: your machine learning and data science community https://www.kaggle.com
Acknowledgements
We are grateful to the Department of Computer Science & Engineering (Software Engineering) at Delhi Technological University for presenting us with this research opportunity which was essential in enhancing learning and promote research culture among ourselves.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Jindal, R., Jain, I., Saxena, I., Chaurasia, M.K. (2021). Prediction of Sales Using Stacking Classifier. In: Joshi, A., Khosravy, M., Gupta, N. (eds) Machine Learning for Predictive Analysis. Lecture Notes in Networks and Systems, vol 141. Springer, Singapore. https://doi.org/10.1007/978-981-15-7106-0_5
Download citation
DOI: https://doi.org/10.1007/978-981-15-7106-0_5
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-15-7105-3
Online ISBN: 978-981-15-7106-0
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)