Outrageously Funny Word Dictionary :: Forecastors

👉 In the context of data science, a "forecastor" is a statistical model that is used to predict future values based on historical data. These models are often used in machine learning and predictive analytics to make predictions or forecasts about future events. The goal of using a forecastor is to create a mathematical model that can be used to predict the value of an output variable, such as sales or revenue, for a given input variable, such as product demand. Forecastors are typically developed through statistical methods

forecastors