ForecastingForecasting is the process of making predictions based on past and present data. Later these can be compared (resolved) against what happens. For example, a company might estimate their revenue in the next year, then compare it against the actual results creating a variance actual analysis. Prediction is a similar but more general term. Forecasting might refer to specific formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental methods or the process of prediction and resolution itself.
Artificial neural networkArtificial neural networks (ANNs, also shortened to neural networks (NNs) or neural nets) are a branch of machine learning models that are built using principles of neuronal organization discovered by connectionism in the biological neural networks constituting animal brains. An ANN is based on a collection of connected units or nodes called artificial neurons, which loosely model the neurons in a biological brain. Each connection, like the synapses in a biological brain, can transmit a signal to other neurons.
Nile perchThe Nile perch (Lates niloticus), also known as the African snook, Goliath perch, African barramundi, Goliath barramundi, Giant lates or the Victoria perch, is a species of freshwater fish in family Latidae of order Perciformes. It is widespread throughout much of the Afrotropical realm, being native to the Congo, Nile, Senegal, Niger and Lake Chad, Volta, Lake Turkana, and other river basins. It also occurs in the brackish waters of Lake Maryut in Egypt. The Nile perch is a fish of substantial economic and food-security importance in East Africa.
