Medical Definition of melena. : the passage of dark tarry stools containing decomposing blood that is usually an indication of bleeding in the upper part of the digestive tract and especially the esophagus, stomach, and duodenumâcompare hematochezia.
A forecast analyst's job is to research how to capitalize on existing trends as well as identify new and developing trends and sales opportunities in the market. A bachelor's degree is necessary for most forecast analysis positions, and a master's degree is often preferred for higher-level roles. Source: *U.S.
Forecasting is the process of making predictions of the future based on past and present data and analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date.Prediction is a similar, but more general term.ome forecasting methods try to identify the underlying factors that might influence the variable that is being forecast. For example, including information about climate patterns might improve the ability of a model to predict umbrella sales.