# Designing Good Forecasts

Good forecasts must satisfy the following conditions:

1. The forecast must be unambiguous. This allows the forecast to be fairly evaluated. This also means that the forecast must have a specific deadline.
2. The forecast must contain a probability estimation. Since the future is inherently uncertain, it is important to also include the notion of uncertainty in the predictions.
3. A forecast can be revised regularly. A forecaster is allowed to revise their forecast regularly. This is especially relevant if certain events unfold that can heavily affect the forecast.