What's the difference between estimation and forecast?

Estimation


Definition:

  • (v. t.) The act of estimating.
  • (v. t.) An opinion or judgment of the worth, extent, or quantity of anything, formed without using precise data; valuation; as, estimations of distance, magnitude, amount, or moral qualities.
  • (v. t.) Favorable opinion; esteem; regard; honor.
  • (v. t.) Supposition; conjecture.

Example Sentences:

  • (1) Changes in cardiac adenosine triphosphate (ATP), phosphocreatine (PCr) and inorganic phosphate (Pi) were followed and intracellular pH (pHi) was estimated from the chemical shift of Pi.
  • (2) Estimations of the degree of incorporation of 14C from the radioactive labeled carbohydrate into the glycerol and fatty acid moieties were carried out.
  • (3) We conclude that the SHBG concentration strongly affects this estimation.
  • (4) In this review, we demonstrate that serum creatinine does not provide an adequate estimate of glomerular filtration rate (GFR), and contrary to recent teachings, that the slope of the reciprocal of serum creatinine vs time does not permit an accurate assessment of the rate of progression of renal disease.
  • (5) The models are applied to estimate the demand for tobacco products in Finland.
  • (6) Estimates of the risk probability for each dose level and sacrifice time are found utilizing the sample likelihood as the posterior density.
  • (7) Estimates of potential for gastrointestinal side effects using the rat enteropooling assay and in vivo monkey effects indicate that diarrhea will be substantially reduced with retention of uterine stimulating potency.
  • (8) The ED50 and ED95 of mivacurium in each group were estimated from linear regression plots of log dose vs probit of maximum percentage depression of neuromuscular function.
  • (9) We are pursuing legal action because there are still so many unanswered questions about the viability of Shenhua’s proposed koala plan and it seems at this point the plan does not guarantee the survival of the estimated 262 koalas currently living where Shenhua wants to put its mine,” said Ranclaud.
  • (10) To estimate the age of onset of these differences, and to assess their relationship to abdominal and gluteal adipocyte size, we measured adiposity, adipocyte size, and glucose and insulin concentrations during a glucose tolerance test in lean (less than 20% body fat), prepubertal children from each race.
  • (11) The level of significance of the statistical estimate of the change in the number of phonoreactive units (its increase due to deprivation) amounts to 92%.
  • (12) Variables included an ego-delay measure obtained from temporal estimations, perceptions of temporal dominance and relatedness obtained from Cottle's Circles Test, Ss' ages, and a measure of long-term posthospital adjustment.
  • (13) The molecular weight of antigen RFB2 was estimated to be approximately 85,000 daltons based on the results of gel filtration on Sepharose CL-6B.
  • (14) The radius is estimated to be around 1.7 nm, which shows a moderate degree of hydration.
  • (15) Another important factor, however, seems to be that patients, their families, doctors and employers estimate capacity of performance on account of the specific illness, thus calling for intensified efforts toward rehabilitation.
  • (16) The estimated DNA compaction ratio (approximately 3-fold) is consistent with a significant degree of nucleosome unfolding in the hyperstimulated BR genes.
  • (17) The Pan American Health Organization, the Americas arm of the World Health Organization, estimated the deaths from Tuesday's magnitude 7 quake at between 50,000 and 100,000, but said that was a "huge guess".
  • (18) The risk of recurrence and progression in 170 patients presenting with pTa urothelial tumours of the bladder has been estimated so that follow-up can be rationalised.
  • (19) Serum gamma glutamyl transferase (gammaGT) and alkaline phosphatase (ALP) activities have been estimated in 49 epileptic patients taking anticonvulsant drugs.
  • (20) The effect of these drugs was estimated from the cell growth curve and DNA histogram determined by flow cytometry.

Forecast


Definition:

  • (v. t.) To plan beforehand; to scheme; to project.
  • (v. t.) To foresee; to calculate beforehand, so as to provide for.
  • (v. i.) To contrive or plan beforehand.
  • (n.) Previous contrivance or determination; predetermination.
  • (n.) Foresight of consequences, and provision against them; prevision; premeditation.

Example Sentences:

  • (1) October 23, 2013 3.55pm BST Another reason to be concerned about the global economy - Canada's central bank has slashed its economic forecasts for the US.
  • (2) Analysts have trimmed their profit forecasts for this year with trading profits of £3.3bn pencilled in compared with £3.5bn in 2012-13.
  • (3) The company said it was on track to meet forecasts for annual profit of about £110m.
  • (4) New developments in data storage and retrieval forecast applications that could not have been imagined even a year or two ago.
  • (5) The Met Office has had to revise its forecast on previous occasions.
  • (6) The public finance forecasts are linked to those growth predictions, since stronger growth means healthier tax receipts and lower spending on unemployment benefit and other welfare measures.
  • (7) Unemployment is forecast to rise to 8.3% in 2013, against a backdrop of 0.9% growth.
  • (8) Given how Bank forecasts have been all over the shop, it is possible that the Old Lady's spreadsheet wizards could scupper Mr Carney's plans by spying a speck of price pressure and panicking about it turning into a giant inflationary boulder.
  • (9) The ONS said it was possible that these one-off items and a rise in tax receipts in January could bring the overall debt figure within the OBR's £80.5bn forecast.
  • (10) Only "a tiny minority" of countries presently control space technologies, which play a major role in everything from broadcasting to weather forecasting, agriculture, health and environmental monitoring, the document notes.
  • (11) An explanation of this in terms of terrestrial snail (intermediate host) populations and a suggestion for the possible use of these data in developing a predictive model for forecasting lungworm levels for use in in bighorn sheep management are given.
  • (12) 1: Good news It's been a scarce commodity throughout the Osborne chancellorship, but he will have a decent amount of it to dish round the chamber – notably lower inflation and higher growth than was being forecast a short while ago.
  • (13) In a 2013 Politifact interview , the author of the Urban Institute study, Stan Dorn, said: “It makes sense that as time goes by … health insurance coverage has greater impact on health outcomes.” The specific numbers might be hard to agree upon, and even harder to forecast if the Republican bill is passed.
  • (14) Dark Sky , for example, is a Kickstarter-funded iOS app that provides weather forecasting depending on your exact location.
  • (15) Updated at 11.51am BST 11.19am BST Germany revises GDP forecasts Germany's Bild newspaper reports that the Berlin government is raising its forecast for economic growth this year, to +0.8% of GDP, from +0.7%.
  • (16) ran one forecast in full, a none- too-subtle broadside at his editors.
  • (17) The weather forecast in Warsaw is for some showers on Wednesday, though Roy Hodgson has expressed concern over the time it will take to repair the surface, which was relaid only last week at a cost of £115,000 and was criticised after last Friday's friendly against South Africa.
  • (18) It forecasts the pressure on forests will increase as world population grows by more than 2.5 billion people in the next 40 years.
  • (19) Whether the incidentally reported increase in multiword responses in some normal elderly forecasts an approaching dementia needs further research.
  • (20) The paper is forecasting that bulks will be reduced to about 72,000 copies per day on average and daily paid-for circulation will be up to about 150,000.