Prediction
Definition
Prediction is estimating a future outcome based on historical data and current signals. It is used to forecast what is likely to happen, not what must happen. Predictions are most useful when they drive earlier and better decisions.
Business Context
Common examples include predicting churn, forecasting demand, estimating delivery delays, and anticipating payment issues. The reliability depends on data quality and stable patterns.
Why it Matters
It enables proactive planning instead of reactive responses.
