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How many training and testing data should i use?

Time:06-09

I'm building my arima model and I have a quarterly data. The total dataset is 104 (1996-2021), now how many train data and test data should I use? Inorder to have an accurate forecast data. Thanks

CodePudding user response:

For ARIMA models, the rule of thumb is that you should have at least 50 but preferably more than 100 observations.

You can split the whole datasets at a ratio of 80 to 20. 80% for training and 20% for testing.

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