forecasting

/fɔrˈkæstɪŋ/
noun
  1. The activity or process of predicting future events, especially weather or economic trends.
    • Economic forecasting helps businesses plan their budgets.
    • She studied forecasting in college and now works for a news station.
    • Weather forecasting has become much more accurate with modern satellites.
adjective
  1. Relating to or used for making predictions about the future.
    • Forecasting models rely on historical data and current trends.
    • He works in the forecasting department of a large airline.
    • The company uses advanced forecasting software to predict demand.
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