What Are Different Forecasting Methods? How To Choose The Right One? themedia99.com

Forecasting is all about predicting something in a particular project. The prediction is made based on the data available. It can be past or present data. Forecasting is not field specified, and whatever your study area is, you can find the use of forecasting in some projects. In engineering, medical and business, this technique works very well. For example, in engineering hydrology, you have to forecast about rain and then plan strategies accordingly. In the case of medicine, you can work on forecasting health and disease.