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.
Variational Autoencoders are a type of generative model used in unsupervised learning. VAEs learn a low-dimensional representation of input data and can generate new…