
Projection techniques
Projection techniques are methods used to visualize or estimate future data or trends based on existing information. They typically involve analyzing current patterns, such as sales or population growth, and extending these patterns into the future to make predictions. For example, a company might use projection techniques to forecast sales for the next year by examining past sales data. These methods can include statistical models, graphs, or algorithms that help decision-makers understand potential outcomes and plan accordingly. Essentially, projection techniques serve as tools to help anticipate future scenarios based on historical data.