An ex-ante forecast is a prediction of future events or conditions made before they actually occur. It is based on data and assumptions available at the time the forecast is made. Ex-ante forecasting is often used in business, economics, and government policy to estimate the expected outcomes of certain decisions or actions. Such forecasts are important in decision-making, budgeting, and planning processes as they provide a basis for making informed and rational decisions. However, ex-ante forecasts are subject to errors and uncertainties, and their accuracy depends on the quality of the data and assumptions used.
Ex-ante forecast refers to a prediction or estimate made before an event or decision takes place. It is a forward-looking projection of future outcomes based on available information and analysis. This forecast is usually made using quantitative or qualitative methods, such as statistical models, expert opinions, or market trends, to predict various future scenarios or trends. Ex-ante forecasts are commonly used in business planning, economic predictions, financial analysis, and project management to inform decision-making and strategic planning.
