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Meaning of forecast error

Source language: EnglishDictionary language: English

forecast

Pronunciation:/ˈfɔːkɑːst//ˈfɔɹkæst/

noun

Definitions

  1. An estimation of a future condition.

  2. (betting) exacta

verb

Definitions

  1. To estimate how something will be in the future.

    Example: to forecast a rise in prices

  2. To foreshadow; to suggest something in advance.

  3. To contrive or plan beforehand.