Tackling Spatio-Temporal Challenges

Explore modeling challenges in rare event prediction, including data imbalance and early prediction.

Identifying the unique challenges in rare event prediction not only sharpens our modeling approach but also directly impacts the effectiveness of our solutions in real-world scenarios.

The step after formulating a problem is to identify the modeling challenges. Challenges, if identified, enable a better modeling direction. It tells a practitioner the issues to address during the modeling.

A few acute challenges posed by a rare event problem are:

  • High-dimensional multivariate time series process
  • Early prediction
  • Imbalanced data

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