Definition of «prediction»

The term prediction refers to an estimate or forecast about a future event, based on evidence and analysis. It is commonly used in fields such as weather forecasting, financial market analysis, and scientific research, among others. Predictions are often made using statistical methods that analyze patterns and trends within data sets, but they can also be informed by expert opinions or other forms of knowledge. The accuracy of a prediction depends on the quality of the evidence and the validity of the method used to make it.

Usage examples

  1. In finance: Making predictions about stock prices or market trends.

Sentences with «prediction»

  • This conclusion is tentative — the science of prediction of climate changes in storms is in its infancy. (earthzine.org)
  • According to this researcher, the models developed by his group are more reliable than other ones already existing for predictions for the next three to sixteen hours. (sciencedaily.com)
  • In the book, you are careful about not making predictions of the future, but I wondered if you would be willing to make a few here. (blog.politics.ox.ac.uk)
  • (see all sentences)
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