ELI5: Explain Like I'm 5

Consensus forecast

Consensus Forecast is when a group of people predict what will happen in the future. It is like a group of people all making a guess at the same time. The idea is to get a lot of different people to make their own forecasts, and then add up all the guesses to get one overall forecast. This is like asking lots of people around the room what they think the answer to a question is, then adding up all their answers to get the most likely answer.