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Definitions from the Web

Baseline Forecasts

Definition:

Baseline forecasts refer to the initial predictions or projections made for future events or trends. These forecasts serve as a starting point for further analysis and decision-making.

Example Sentences:

1. The company's baseline forecasts indicate a steady increase in sales over the next quarter.
2. Climate scientists use baseline forecasts to estimate the temperature trends for the upcoming decade.
3. Government economists rely on baseline forecasts to plan budgets and create economic policies.

Related Products:

• Forecasting Methods
• Data Analysis