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Facebook Prophet

Facebook Prophet is a forecasting tool designed to predict future trends based on historical data, such as sales, website traffic, or other time series data. It uses an additive model to identify patterns like seasonality, holidays, and growth trends, making it flexible and user-friendly. Prophet automatically captures complex seasonal effects and adjusts for outliers, enabling accurate forecasts without requiring deep statistical expertise. Businesses use it to plan resources, manage inventory, or understand demand, benefiting from clear visualizations and reliable predictions derived from their past data.