Forecasting involves predicting future outcomes or trends based on historical data and patterns. By analysing past data and applying statistical techniques, businesses can make informed forecasts for sales, demand, market trends, and resource allocation. Accurate forecasting helps organisations optimise operations, plan strategies, and make data-driven decisions.
Backpropagation is a technique used in training Artificial Neural Networks. It involves propagating error information backward through the network, allowing adjustments to be made…