Define forecasting.

Definition of forecasting should include that it is an analysis of past and present technologies to predict future products and systems.

Process/Skill Questions:

  • What are some reasons technologists use forecasting?
  • What are some limitations of forecasting?
  • How is trend analysis used in forecasting?
  • How could you use a survey to forecast a tax-funded improvement for a particular locality? What would be the target audience?