Definition:Time Series/Forecast Value

Definition

A forecast value of a time series $T$ is an estimate of a future value at some lead time $t + l$.

Also see

• Definition:Actual Value of Time Series Observation

Sources

• 1994: George E.P. Box, Gwilym M. Jenkins and Gregory C. Reinsel: Time Series Analysis: Forecasting and Control (3rd ed.) ... (previous) ... (next):

$1$: Introduction:

$1.1$ Four Important Practical Problems:

$1.1.1$ Forecasting Time Series