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  • Estimates

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    Katrina Gay
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    Estimation is the process of approximating a value based on the best available information even if that information is incomplete, uncertain, or unstable. It involves finding an estimate that can be used for some purpose despite lacking perfectly accurate data. The estimated value is derived from the best information available at the time.

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    Estimates meaning

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    Estimation is the process of approximating a value based on the best available information even if that information is incomplete, uncertain, or unstable. It involves finding an estimate that can be used for some purpose despite lacking perfectly accurate data. The estimated value is derived from the best information available at the time.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    13 views1 page

    Estimates

    Uploaded by

    Katrina Gay
    Estimation is the process of approximating a value based on the best available information even if that information is incomplete, uncertain, or unstable. It involves finding an estimate that can be used for some purpose despite lacking perfectly accurate data. The estimated value is derived from the best information available at the time.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Estimation (or estimating) is the process of finding an estimate, or approximation, which is a

    value that is usable for some purpose even if input data may be incomplete, uncertain, or
    unstable. The value is nonetheless usable because it is derived from the best information
    available.

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