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.
Ensemble Learning involves combining multiple Machine Learning models to achieve superior performance and accuracy. By leveraging the “wisdom of the crowd,” Ensemble Learning mitigates…