Forecasting · The forecast · Element

The estimate

The expected figures over the forecast horizon.

The part

What it is

A range is more honest than a point where uncertainty is real, and it changes how the number is used downstream.

The forecast should include what has already happened in the period, which is the part with no uncertainty at all.

The smallest level

The attributes it carries

Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.