Prediction
Jump to navigation
Jump to search
A Prediction is an inference about an unseen information item.
- Context:
- It can range from being a Good Prediction to being a Bad Prediction.
- ...
- Example(s):
- See: Predicted State, Forecast, Estimation, Connotation, Plan.
References
2021
- (Wikipedia, 2021) ⇒ https://en.wikipedia.org/wiki/prediction Retrieved:2021-3-9.
- A prediction (Latin præ-, "before," and dicere, "to say"), or forecast, is a statement about a future event. They are often, but not always, based upon experience or knowledge. There is no universal agreement about the exact difference from “estimation"; different authors and disciplines ascribe different connotations.
Although future events are necessarily uncertain, so guaranteed accurate information about the future is impossible. Prediction can be useful to assist in making plans about possible developments; Howard H. Stevenson writes that prediction in business "is at least two things: Important and hard." [1]
- A prediction (Latin præ-, "before," and dicere, "to say"), or forecast, is a statement about a future event. They are often, but not always, based upon experience or knowledge. There is no universal agreement about the exact difference from “estimation"; different authors and disciplines ascribe different connotations.
- ↑ Stevenson, Howard, ed. Do lunch or be lunch. Boston: Harvard Business School Press, 1998