Forecasting is the process of making statements about events whose actual outcomes (typically) have not yet been observed. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-... Found on http://en.wikipedia.org/wiki/Forecasting
[heating] Forecasting is a method of controlling building heating by calculating demand for heating energy that should be supplied to the building in each time unit. By combining physics of structures with meteorology, properties of the building, weather conditions including outdoor temperature, wind power and direction, as well as solar ra... Found on http://en.wikipedia.org/wiki/Forecasting_(heating)
Attempt to predict the future performance of a business, usually by looking at figures or by undertaking market research. Found on http://www.encyclo.co.uk/local/20140
The prediction or projection of the nature of future problems or existing conditions based upon the extrapolation or interpretation of existing scientific data or by the application of scientific methodology. ... (12 Dec 1998) ... Found on http://www.encyclo.co.uk/local/20973