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Forecasting

Forecasting is the process of making predictions based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental methods. Usage can differ between areas of application: for example, in hydrology the terms "forecast" and "forecasting" are sometimes reserved for estimates of values at certain specific future times, while the term "prediction" is used for more general estimates, such as the number of times floods will occur over a long period.

Metrics Summary

Total Publications
Lifetime
115,538
Prior Five Years
38,428
Total Citations
Lifetime
1,885,191
Prior Five Years
395,146
Total Scholars
Lifetime
129,317
Prior Five Years
105,576

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Highly Ranked Scholars™

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