Homonym: projections (Forecasts)
Projections are estimates or forecasts about future events or trends based on current data and analysis. They are commonly used in various fields, such as economics, finance, and science, to predict outcomes like economic growth, population changes, or weather patterns. Projections help individuals and organizations make informed decisions by providing a glimpse of what might happen under certain conditions.
In creating projections, analysts often use statistical models and historical data to identify patterns and trends. For example, a business might project its sales for the next year by examining past sales data and considering factors like market demand and competition. These projections are not guarantees but serve as valuable tools for planning and strategy.