Prediction in the context of Data


Prediction in the context of Data

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⭐ Core Definition: Prediction

A prediction (Latin præ-, "before," and dictum, "something said") or forecast is a statement about a future event or about future data. Predictions are often, but not always, based upon experience or knowledge of forecasters. There is no universal agreement about the exact difference between "prediction" and "estimation"; different authors and disciplines ascribe different connotations.

Future events are necessarily uncertain, so guaranteed accurate information about the future is impossible. Prediction can be useful to assist in making plans about possible developments.

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Prediction in the context of Methodological

In its most common sense, methodology is the study of research methods. However, the term can also refer to the methods themselves or to the philosophical discussion of associated background assumptions. A method is a structured procedure for bringing about a certain goal, like acquiring knowledge or verifying knowledge claims. This normally involves various steps, like choosing a sample, collecting data from this sample, and interpreting the data. The study of methods concerns a detailed description and analysis of these processes. It includes evaluative aspects by comparing different methods. This way, it is assessed what advantages and disadvantages they have and for what research goals they may be used. These descriptions and evaluations depend on philosophical background assumptions. Examples are how to conceptualize the studied phenomena and what constitutes evidence for or against them. When understood in the widest sense, methodology also includes the discussion of these more abstract issues.

Methodologies are traditionally divided into quantitative and qualitative research. Quantitative research is the main methodology of the natural sciences. It uses precise numerical measurements. Its goal is usually to find universal laws used to make predictions about future events. The dominant methodology in the natural sciences is called the scientific method. It includes steps like observation and the formulation of a hypothesis. Further steps are to test the hypothesis using an experiment, to compare the measurements to the expected results, and to publish the findings.

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Prediction in the context of Oracle

An oracle is a person or thing considered to provide insight, wise counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. If done through occultic means, it is a form of divination.

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Prediction in the context of Laws of science

Scientific laws or laws of science are statements, based on repeated experiments or observations, that describe or predict a range of natural phenomena. The term law has diverse usage in many cases (approximate, accurate, broad, or narrow) across all fields of natural science (physics, chemistry, astronomy, geoscience, biology). Laws are developed from data and can be further developed through mathematics; in all cases they are directly or indirectly based on empirical evidence. It is generally understood that they implicitly reflect, though they do not explicitly assert, causal relationships fundamental to reality, and are discovered rather than invented.

Scientific laws summarize the results of experiments or observations, usually within a certain range of application. In general, the accuracy of a law does not change when a new theory of the relevant phenomenon is worked out, but rather the scope of the law's application, since the mathematics or statement representing the law does not change. As with other kinds of scientific knowledge, scientific laws do not express absolute certainty, as mathematical laws do. A scientific law may be contradicted, restricted, or extended by future observations.

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Prediction in the context of Science

Science is a systematic discipline that builds and organises knowledge in the form of testable hypotheses and predictions about the universe. Modern science is typically divided into two – or three – major branches: the natural sciences, which study the physical world, and the social sciences, which study individuals and societies. While referred to as the formal sciences, the study of logic, mathematics, and theoretical computer science are typically regarded as separate because they rely on deductive reasoning instead of the scientific method as their main methodology. Meanwhile, applied sciences are disciplines that use scientific knowledge for practical purposes, such as engineering and medicine.

The history of science spans the majority of the historical record, with the earliest identifiable predecessors to modern science dating to the Bronze Age in Egypt and Mesopotamia (c. 3000–1200 BCE). Their contributions to mathematics, astronomy, and medicine entered and shaped the Greek natural philosophy of classical antiquity and later medieval scholarship, whereby formal attempts were made to provide explanations of events in the physical world based on natural causes; while further advancements, including the introduction of the Hindu–Arabic numeral system, were made during the Golden Age of India and Islamic Golden Age. The recovery and assimilation of Greek works and Islamic inquiries into Western Europe during the Renaissance revived natural philosophy, which was later transformed by the Scientific Revolution that began in the 16th century as new ideas and discoveries departed from previous Greek conceptions and traditions. The scientific method soon played a greater role in the acquisition of knowledge, and in the 19th century, many of the institutional and professional features of science began to take shape, along with the changing of "natural philosophy" to "natural science".

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Prediction in the context of Hypothesis

A hypothesis (pl.: hypotheses) is a proposed explanation for a phenomenon. A scientific hypothesis must be based on observations and make a testable and reproducible prediction about reality, in a process beginning with an educated guess or thought. If a hypothesis is repeatedly independently demonstrated by experiment to be true, it becomes a scientific theory. In colloquial usage, the words "hypothesis" and "theory" are often used interchangeably, but this is incorrect in the context of science.

A working hypothesis is a provisionally-accepted hypothesis used for the purpose of pursuing further progress in research. Working hypotheses are frequently discarded, and often proposed with knowledge (and warning) that they are incomplete and thus false, with the intent of moving research in at least somewhat the right direction, especially when scientists are stuck on an issue and brainstorming ideas.

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Prediction in the context of Models of communication

Models of communication simplify or represent the process of communication. Most communication models try to describe both verbal and non-verbal communication and often understand it as an exchange of messages. Their function is to give a compact overview of the complex process of communication. This helps researchers formulate hypotheses, apply communication-related concepts to real-world cases, and test predictions. Despite their usefulness, many models are criticized based on the claim that they are too simple because they leave out essential aspects. The components and their interactions are usually presented in the form of a diagram. Some basic components and interactions reappear in many of the models. They include the idea that a sender encodes information in the form of a message and sends it to a receiver through a channel. The receiver needs to decode the message to understand the initial idea and provides some form of feedback. In both cases, noise may interfere and distort the message.

Models of communication are classified depending on their intended applications and on how they conceptualize the process. General models apply to all forms of communication while specialized models restrict themselves to specific forms, like mass communication. Linear transmission models understand communication as a one-way process in which a sender transmits an idea to a receiver. Interaction models include a feedback loop through which the receiver responds after getting the message. Transaction models see sending and responding as simultaneous activities. They hold that meaning is created in this process and does not exist prior to it. Constitutive and constructionist models stress that communication is a basic phenomenon responsible for how people understand and experience reality. Interpersonal models describe communicative exchanges with other people. They contrast with intrapersonal models, which discuss communication with oneself. Models of non-human communication describe communication among other species. Further types include encoding-decoding models, hypodermic models, and relational models.

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Prediction in the context of Culturology

Culturology or the science of culture is a branch of the social sciences concerned with the scientific understanding, description, analysis, and prediction of cultures as a whole. While ethnology and anthropology studied different cultural practices, such studies included diverse aspects: sociological, psychological, etc., and the need was recognized for a discipline focused exclusively on cultural aspects.

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Prediction in the context of Fundamental science

Basic research, also called pure research, fundamental research, basic science, or pure science, is a type of scientific research with the aim of improving scientific theories for better understanding and prediction of natural or other phenomena. In contrast, applied research uses scientific theories to develop technology or techniques, which can be used to intervene and alter natural or other phenomena. Though often driven simply by curiosity, basic research often fuels the technological innovations of applied science. The two aims are often practiced simultaneously in coordinated research and development.

In addition to innovations, basic research serves to provide insights and public support of nature, possibly improving conservation efforts. Technological innovations may influence engineering concepts, such as the beak of a kingfisher influencing the design of a high-speed bullet train.

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Prediction in the context of Omens

An omen (also called portent) is a phenomenon that is believed to foretell the future, often signifying the advent of change. It was commonly believed in ancient history, and still believed by some today, that omens bring divine messages from the gods.

These omens include natural phenomena, for example an eclipse, abnormal births of animals (especially humans) and behaviour of the sacrificial lamb on its way to the slaughter. Specialists, known as diviners, variously existed to interpret these omens. They would also use an artificial method, for example, a clay model of a sheep liver, to communicate with their gods in times of crisis. They would expect a binary answer, either yes or no, favourable or unfavourable. They did these to predict what would happen in the future and to take action to avoid disaster.

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Prediction in the context of Law (mathematics)

In mathematics, a law is a formula that is always true within a given context. Laws describe a relationship, between two or more expressions or terms (which may contain variables), usually using equality or inequality, or between formulas themselves, for instance, in mathematical logic. For example, the formula is true for all real numbers a, and is therefore a law. Laws over an equality are called identities. For example, and are identities. Mathematical laws are distinguished from scientific laws which are based on observations, and try to describe or predict a range of natural phenomena. The more significant laws are often called theorems.

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