Question

what is forecasting?​

Answer 1

Answer:

Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends. Businesses utilize forecasting to determine how to allocate their budgets or plan for anticipated expenses for an upcoming period of time.

Answer 2

Answer:

Prediction of weather in advance is called weather forecasting.

Such as temperature , humidity, wind speed and wind direction, sunshine , rainfall , etc.

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