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Investigation

Trend: long-term series smooth behavior or movement.

Seasonality: oscillation movements within the year.

Forecast: it is the estimate of what is expected to happen with respect


to a variable. This, based on a numerical analysis.

The goal of a forecast: is a way to anticipate what may happen in the


future.

Importance: It is important for every company to estimate the future


behavior of a project and the time it takes to execute it; since it is the
starting point for planning.

The time horizon: is how long the prediction is made, this can vary from
a prediction for the next couple of hours to terms of years. The time
horizon will directly influence our choice of forecasting model, and it will
depend on the end sought.

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