AWS Certified Machine Learning – Specialty MLS-C01 – Question069

A large consumer goods manufacturer has the following products on sale:
– 34 different toothpaste variants
– 48 different toothbrush variants
– 43 different mouthwash variants
The entire sales history of all these products is available in Amazon S3. Currently, the company is using custom-built autoregressive integrated moving average (ARIMA) models to forecast demand for these products. The company wants to predict the demand for a new product that will soon be launched.
Which solution should a Machine Learning Specialist apply?

A. Train a custom ARIMA model to forecast demand for the new product.
B. Train an Amazon SageMaker DeepAR algorithm to forecast demand for the new product.
C. Train an Amazon SageMaker k-means clustering algorithm to forecast demand for the new product.
D. Train a custom XGBoost model to forecast demand for the new product.

Correct Answer: B

Explanation:

Explanation:
The Amazon SageMaker DeepAR forecasting algorithm is a supervised learning algorithm for forecasting scalar (one-dimensional) time series using recurrent neural networks (RNN). Classical forecasting methods, such as autoregressive integrated moving average (ARIMA) or exponential smoothing (ETS), fit a single model to each individual time series. They then use that model to extrapolate the time series into the future.
Reference: https://docs.aws.amazon.com/sagemaker/latest/dg/deepar.html