forecasting method
1Forecasting — is the process of estimation in unknown situations. Prediction is a similar, but more general term. Both can refer to estimation of time series, cross sectional or longitudinal data. Usage can differ between areas of application: for example in… …
2Delphi method — The Delphi method (  /ˈdɛl …
3Technology forecasting — is forecasting the future characteristics of useful technological machines, procedures or .Important aspectsPrimarily, a technological forecast deals with the characteristics of technology, such as levels of technical performance, like speed of a …
4Wind power forecasting — A wind power forecast corresponds to an estimate of the expected production of one or more wind turbines (referred to as a wind farm) in the near future. By production is often meant available power for wind farm considered (with units kW or MW… …
5Reference class forecasting — predicts the outcome of a planned action based on actual outcomes in a reference class of similar actions to that being forecast. The theories behind reference class forecasting were developed by Daniel Kahneman and Amos Tversky. They helped… …
6Demand forecasting — is the activity of estimating the quantity of a product or service that consumers will purchase. Demand forecasting involves techniques including both informal methods, such as educated guesses, and quantitative methods, such as the use of… …
7Delphi Method — A forecasting method based on the results of questionnaires sent to a panel of experts. Several rounds of questionnaires are sent out, and the anonymous responses are aggregated and shared with the group after each round. The experts are allowed… …
8technical forecasting — A forecasting method that uses historical prices and trends. Bloomberg Financial Dictionary …
9Telecommunications forecasting — All telecommunications service providers perform forecasting calculations to assist them in planning their networks.Farr R.E., Telecommunications Traffic, Tariffs and Costs – An Introduction For Managers, Peter Peregrinus, 1988.] Accurate… …
10weather forecasting — Prediction of the weather through application of the principles of physics and meteorology. Weather forecasting predicts atmospheric phenomena and changes on the Earth s surface caused by atmospheric conditions (snow and ice cover, storm tides,… …
