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.