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Meaning of forecasting
The primary meaning of "forecasting" is the act of predicting or estimating something, especially future events or trends.
Etymology of forecasting
The word "forecasting" has its roots in the Old English words "fore" meaning "before" and "castan" meaning "to throw", with the suffix "-ing" added to form the present participle
The term originated in the 15th century, initially used in the context of navigation and weather prediction
Over time, its usage expanded to include economic, financial, and other types of predictions
Synonyms
prediction
prophecy
projection
prognostication
augury
divination
soothsaying
prescience
clairvoyance
foresight
anticipation
expectation
projection
estimation
calculation
guesswork
conjecture
speculation
hypothesis
theory
model
simulation
projection
prediction
prophecy
prevision
prognosis
foretelling
forecasting
prophesying
crystal-ball gazing
reading the tea leaves
guessing
predicting
estimating
extrapolating
interpolating
projecting
prophesying
Definitions
- The act of predicting future events or trends, especially using statistical data or other methods
- * A prediction or estimate of something, especially one made using statistical data or other methods
Usage Examples
- The company uses forecasting to predict sales and revenue for the upcoming quarter
- * The meteorologist's forecasting skills helped her accurately predict the storm's trajectory
- * The economist's forecasting model took into account various economic indicators to predict the trend
Antonyms
uncertainty
unpredictability
randomness
chance
accident
coincidence
surprise
unexpectedness
astonishment
bewilderment
perplexity
puzzlement
enigma
mystery
secrecy
concealment
ambiguity
vagueness
obscurity
unclearness
indefiniteness
indeterminacy
indecision
indecisiveness
hesitancy
hesitation
wavering
vacillation
doubt
skepticism
incredulity
disbelief