What is the opposite of forecast?

In statistics and data analysis, backcasting can be considered to be the opposite of forecasting; thus: forecasting involves the prediction of the future (unknown) values of the dependent variables based on known values of the independent variable.

What is a synonym and antonym for forecast?

Some common synonyms of forecast are foretell, predict, prognosticate, and prophesy. While all these words mean “to tell beforehand,” forecast adds the implication of anticipating eventualities and differs from predict in being usually concerned with probabilities rather than certainties.

What is the antonym for?

Definition of antonym

: a word of opposite meaning The usual antonym of good is bad.

What are antonyms for foresight?

antonyms for foresight
  • carelessness.
  • ignorance.
  • indiscretion.
  • neglect.
  • negligence.
  • thoughtlessness.
  • hindsight.

What is it called forecast?

1 : a prophecy, estimate, or prediction of a future happening or condition. 2 archaic : foresight of consequences and provision against them : forethought.

What is lack of foresight called?

What is another word for lacking foresight?
myopicimprovident
impracticalimprudent
injudiciousthoughtless
uncreativeunimaginative
carelessimperceptive

Is foresight the opposite of hindsight?

Hindsight and foresight differ formally in the information available to the observer. The hindsightful judge possesses outcome knowledge, that is, he knows how things turned out. The foresightful judge does not.

What is some synonyms for foresight?

Synonyms & Antonyms of foresight
  • foreboding,
  • premonition,
  • prenotion,
  • presage,
  • presentiment.

What’s another word for weather forecast?

In this page you can discover 12 synonyms, antonyms, idiomatic expressions, and related words for weather-forecast, like: storm watch, forecast, long-term forecast, regional forecast, weather-report, local forecast, small-craft advisory, storm warning, weather prediction, weather outlook and 5-day forecast.

What is the root word for forecast?

forecast (v.) late 14c., “to scheme,” from fore- “before” + casten in the sense of “contrive, plan, prepare” (late 14c.; see cast (v.)).

Which word in the passage is a synonym of forecast Class 10?

anticipation, foreknowledge. foresight. conjecture, guess, surmise.

What’s another word for financial forecast?

Noun Phrase

A company’s budget, sometimes referred to as its financial forecast or plan, is a prediction of the expenditures necessary to operate the company and the revenues that will be generated through these operations.

Why is it called forecast?

A storm in October 1859 that caused the loss of the Royal Charter inspired FitzRoy to develop charts to allow predictions to be made, which he called “forecasting the weather”, thus coining the term “weather forecast”.

Is it forecasted or forecast?

Explanation: Although both are used, forecast is the preferred form. Forecast is an irregular verb, meaning that its past forms don’t follow the general rule of adding ed to the base. There are lots of other verbs that are unchanged in past tense forms.

What is forecast in planning?

Planning and forecasting is the managerial process of mapping out corporate actions based on past and present data trends.

How do you forecast the weather?

Observational data collected by doppler radar, radiosondes, weather satellites, buoys and other instruments are fed into computerized NWS numerical forecast models. The models use equations, along with new and past weather data, to provide forecast guidance to our meteorologists.

What is forecast in business?

For small business owners, forecasting is the process of looking at past and present data, as well as marketplace trends, to predict the company’s future financial performance. It enables you to gauge how much revenue you’ll potentially earn in a particular period and plan for big expenses.