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statistical forecasting

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  • Forecasting — 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… …   Wikipedia

  • forecasting methods — statistical tools that are used to predict results in uncertain circumstances …   English contemporary dictionary

  • Statistical significance — In statistics, a result is called statistically significant if it is unlikely to have occurred by chance. A statistically significant difference simply means there is statistical evidence that there is a difference; it does not mean the… …   Wikipedia

  • Statistical hypothesis testing — This article is about frequentist hypothesis testing which is taught in introductory statistics. For Bayesian hypothesis testing, see Bayesian inference. A statistical hypothesis test is a method of making decisions using data, whether from a… …   Wikipedia

  • forecasting — Synonyms and related words: actuarial prediction, aerography, aerology, anemology, apocalypse, barometry, climatography, climatology, foreboding, forecast, foreshowing, foresight, foretelling, guesswork, improbability, long range forecasting,… …   Moby Thesaurus

  • National Statistical Office of Thailand — The National Statistical Office of Thailand (Thai สำนักงานสถิติแห่งชาติ) is the government of Thailand s official statistics surveyor. One of the activities is a nation wide census every 10 years, the last being in 2010. Contents 1 Administration …   Wikipedia

  • Demand 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… …   Wikipedia

  • economic forecasting — Prediction of future economic activity and developments. Economic forecasts, which range from a few weeks to many years, are widely used in business and government to help formulate policy and strategy. Macroeconomic forecasts predict the course… …   Universalium

  • Telecommunications 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… …   Wikipedia

  • Wind 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… …   Wikipedia

  • weather 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,… …   Universalium

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