A projection is a calculated figure based on simple examination of past data. A forecast is an estimate of future sales, usually based on projections or predictions. To estimate is to ascertain by computation; reckon calculating the area of a circle.
A projection is a calculated figure based on simple examination of past data. A forecast is an estimate of future sales, usually based on projections or predictions. To estimate is to ascertain by computation; reckon calculating the area of a circle.
A projection is a calculated figure based on simple examination of past data. A forecast is an estimate of future sales, usually based on projections or predictions. To estimate is to ascertain by computation; reckon calculating the area of a circle.
A projection is a calculated figure based on simple examination of past data, and the assumption of all
other things being equal in the future.
A prediction is a calculated figure based on more complex analyses of the relationships between causes and effects in the past, and the use of quantitative measures of these relationships to predict the outcome f future combinations of these causal factors. A forecast is an estimate of future sales, usually based on projections or predictions and a set of assumptions about how major market forces will move, but which has been subject to specific examinations by those with direct experience of the market, with particular reference to factors not covered by the numerical analyses. To estimate is to ascertain by computation; reckon calculating the area of a circle; calculated their probable time of arrival.