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Topic:long-term forecasting

long-term forecasting

Since 2021, aggregated from related topics

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    Long-term forecasting is a research area focused on predicting future trends, events, or outcomes over an extended period of time, typically spanning several years or decades. This type of forecasting involves analyzing historical data, current trends, and external factors that may impact the future to make informed predictions. Long-term forecasting is often used in fields such as economics, finance, climate science, and technology to help organizations and policymakers make strategic decisions and plan for the future. This research area typically utilizes a combination of statistical models, data analysis techniques, and expert judgment to create accurate and reliable forecasts.

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