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A '''forecast''' is a statement of expected future occurrences such as events or trends. Investopedia defines forecasting as "a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends."<ref>[https://www.investopedia.com/terms/f/forecasting.asp Forecasting: What It Is, How It’s Used in Business and Investing]</ref> A [[business forecast]] is management's best estimate of what will happen during the forecast period.

A '''forecast''' is a statement of expected future occurrences such as events or trends. Investopedia defines forecasting as "a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends."<ref>[https://www.investopedia.com/terms/f/forecasting.asp Forecasting: What It Is, How It’s Used in Business and Investing]</ref> A [[business forecast]] is management's best estimate of what will happen during the forecast period.

== Characteristics of excellent forecasters according to data from the Good Judgement Project ==

== Characteristics of excellent forecasters according to data from the Good Judgment Project ==

[[Superforecasting: The Art and Science of Prediction]] is a 2016 book about [[forecasting]] written by Philip E. Tetlock and Dan Gardner.

[[Superforecasting: The Art and Science of Prediction]] is a 2016 book about [[forecasting]] written by Philip E. Tetlock and Dan Gardner.