answersLogoWhite

0

Why do you need estimation?

Updated: 8/20/2019
User Avatar

Wiki User

11y ago

Best Answer

Sometimes a quick but rough guess at the answer is preferable to an exact answer obtained after much time and effort.

User Avatar

Wiki User

6y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do you need estimation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What materials do you need for estimation squeeze?

A Tissue!!


What is the role of estimation in solving problems?

Using Estimation to Solve Problems. ... Estimating means finding an answer that is an approximate answer. When estimating, your answer must make sense, but it does not need to be exact. You need to find an answer that is reasonable.


Why is estimation a necessary part of making measurements?

Because you need to be able to be as accurate as you can.


What is approximate estimation?

If an estimation, or estimate, is a guess, an approximate estimation is a rougher guess.


What is the estimation of 328000?

What is the estimation 328000


Estimate the average depth of ocean crust that is 60 million years old?

well an estimation of the estimation is that is an estimation and is a very good estimation


When need rough estimation?

A rough estimate is given when the situation does not require the exact numbers to be given.


What is front end estimation?

Front end estimation- An estimation method in which the front digits are added or subtracted


What is channel estimation?

A person who is blind does channel estimation.


Why use estimation?

Estimation is a quick of working out roughly what the answer is


How is rounding related to estimation?

Rounding is a form of estimation.


What is the difference between estimation and costing?

1,estimation is finding the cost before it has been actually manufactured. and costing is finding cost after manufacturing the product including the defect product cost. 2,estimation need high technical skills and knowledge hence its done by engineering department but costing need high accounting skills hence its usually done by Accountants or account departments 3,estimation foresee the probable cost and hence it can be used to decide whether one need to produce a particular product or not. or if its profitable or not costing helps to understand to what extent the estimation holds good also when and where it fails