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Forecasting/Prediction

Forecasting is the capability to analyze sequential data patterns and predict future values, events, or outcomes based on historical observations and temporal relationships.

Overview​

Forecasting enables systems to:

  • Analyze temporal patterns and trends
  • Model seasonal and cyclical behavior
  • Predict future outcomes
  • Quantify prediction uncertainty
  • Handle sequential dependencies

Applications​

  • Financial forecasting
  • Demand prediction
  • Time series analysis
  • Weather forecasting
  • Resource planning
  • Trend prediction