forecast

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forecast

(for′kast″)
To make an informed prediction about a future event based on history, data, and personal experiences and professional judgments.
References in periodicals archive ?
'Amazon Forecast now offers the forecasting expertise from Amazon's first 25 years of building the world's largest ecommerce business in a managed service for any company to leverage,' said Swami Sivasubramanian, Vice President, Amazon Machine Learning.
Additionally, this study is important because, often, innovative forecasting techniques are not adequately diffused into business (Myers, Greyser, & Massy, 1979).
If you find that forecasts are doing well overall, but without any recent increases in accuracy, it could be that that you have achieved a good balance between the time and effort put into forecasting and the accuracy you are getting out of it.
You, "Food forecasting by coupling TIGGE ensemble precipitation forecast," Journal of Tianjin University, vol.
(2013) "Evaluating State Revenue Forecasting under a Flexible Loss Function." International Journal of Forecasting 29(2): 282-89.
A linear combination forecast model was first established by Bates and Granger [23] in 1969 which considered as a successful alternative for using an individual forecasting method.
The first explanation refers to the critic brought to macroeconometrics models and to forecasting models, and the second one is related to the unrealistic expectations of forecast accuracy.
* Bias and other key measures of forecasting quality.
An empirical implication of Scharfstein and Stein's (1990) model is that an analyst who is uncertain about her forecasting ability is sensitive to the arrival of new information because the analyst's strategy is to defer to the action of predecessors as soon as she believes that prior signals are more informative than her own information.
The forecasting system ultimately nets out the higher cost of the fuel and the increase in fares to show the probable impact on Amtrak's cash flow, Stein says.
Traffic flow forecasting precision is one of the major tasks in order to improve traffic conditions in the urban streets.