Results for: Forecast

What is forecasting?

This is the process of predicting what you think is going to happen in the future. It is a method of understanding the results of things that will happen later in life.

What is a forecast?

A forecast is a weather prediction that weathermen or weather womenthink will happen. Can also mean a prediction or a conjecture about something in thefuture other than weathe (MORE)

What is forecast error?

In statistics, a forecast error is the difference between the actual or real and the predicted or forecast value of a time series or any other phenomenon of interest.
In Jobs

What does a forecaster do?

a forecaster studies the weather a forecaster observes weather patterns and predicts what theweather will be like. (generally correct)

Why forecast if forecasts are wrong?

forecast are wrong, because of some factors that may occur during the forecasting period. This factors may include, promotion, when company advertise their product without pla (MORE)
In Verbs

Is forecast a verb?

Forecast is a verb and a noun. Verb example sentence: - The meteorologists job is to forecast the weather. Noun example sentence: - The weather forecast was bad news as usua (MORE)
In Uncategorized

What is a judgmental forecast?

Judgmental forecasters often blend several forecasters' judgments together to produce a forecast. This may be a complicated process, since various "Delphic" methodologies are (MORE)