Forecasting: A Review and Its Application to Handwritten Signatures

摘要

Forecasting helps us to predict the pattern of future data on the basis of present and past or historical data. There are three terms, or periods, of forecasting viz. short-term, medium-term and long-term forecasting. Generally, forecast for short period is more accurate than that of the long period since, as we move further ahead, the probability of uncertainty increases. The concept of forecasting is widely applicable in different areas like business related predictions, governmental budgets, policies and planning, other areas like weather as well as temperature forecasting etc [1]. The concept of forecasting can also be applied in offline handwritten signatures since there is presence of intrapersonal variations among signatures of same person. In the present study, we have put forward an overview about forecasting techniques and subsequently the application of its concept on offline handwritten signatures.