What is another word for forecasting?

Pronunciation: [fˈɔːkastɪŋ] (IPA)

Forecasting is the process of predicting future events or trends based on past and present data analysis. Synonyms for forecasting include prediction, projection, estimation, foresight, anticipation, and prognostication. These words convey the idea of taking into account current factors and using them to create a roadmap for the future. When making a prediction, it is important to assess trends and environmental changes to ensure accuracy. Estimation usually means taking a guess based on incomplete information. Foresight is a proactive approach to planning, while anticipation refers to predicting outcomes based on potential events. Prognostication applies to the medical field, whereby doctors predict a patient's outcome based on their diagnosis.

Synonyms for Forecasting:

What are the paraphrases for Forecasting?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
Paraphrases are highlighted according to their relevancy:
- highest relevancy
- medium relevancy
- lowest relevancy

What are the hypernyms for Forecasting?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Forecasting?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.
  • hyponyms for forecasting (as nouns)

Usage examples for Forecasting

In forecasting the possibility of the rise of a peasant proprietary in this country, it is often forgotten that, whether land is a profitable investment for the farmer or not, the class of farmers from whom such a proprietary would be generated is less anxious for a profitable investment than for a safe one, and that to many of them, as of other classes, independence will always possess much more than a commercial value.
"Contemporary Socialism"
John Rae
Upon them both had fallen a mood; the mood of gazing far backward and perhaps also of adventuring as far forward in the forecasting of human transition.
"The Tempering"
Charles Neville Buck
York Macpherson had well said that there was no duplicate for Jerry, no forecasting just what she would do next.
"The Reclaimers"
Margaret Hill McCarter

Famous quotes with Forecasting

  • And this is one way to do technology forecasting; get a sense of where technology is, and then anticipate the next upturn.
    Chris Anderson
  • Computer modelling for weather forecasting, and indeed for climate forecasting, has reached its limits.
    Piers Corbyn
  • The only function of economic forecasting is to make astrology look respectable.
    John Kenneth Galbraith
  • I do not understand why some would call me an economic oracle. Although I correctly foretasted key economic events in the past 10 years, the truth is that any economic forecasting model can become useless with the change of just one variable. And if we learned anything from experience, the only constant in markets is change. The first rule of economic forecasting is to understand that it is a science of probability not a science of certainty.
    Med Jones
  • If human beings can simply decide on what they want to do and then do it, then forecasting is impossible. Free will is beyond forecasting. But what is most interesting about humans is how unfree they are. It is possible for people today to have ten children, but hardly anyone does. We are deeply constrained in what we do by the time and place in which we live.
    George Friedman

Word of the Day

Guarnieri bodies
Guarnieri bodies, also known as Negri bodies, are distinct cytoplasmic inclusions found in nerve cells infected with the rabies virus. These structures were first described by Adel...