estimate
vb 1. to form an approximate idea of (distance, size, cost, etc); calculate roughly; gauge 2. (tr; may take a clause as object) to form an opinion about; judge, to estimate one's chances 3. to submit (an approximate price) for (a job) to a prospective client 4. tr statistics, to assign a value (a point estimate) or range of values (an interval estimate) to a parameter of a population on the basis of sampling statistics
n 1. an approximate calculation 2. a statement indicating the likely charge for or cost of certain work 3. a judgment; appraisal; opinion
accuracy
n (pl -cies ) faithful measurement or representation of the truth; correctness; precision
Estimating one of them is equivalent to estimating the other.
No, it is not. Estimating may be rounding but need not be.
Bookkeepers are permitted to engage in guesswork when estimating the value of certain accounts or transactions for which precise data is unavailable. This can occur in situations like estimating bad debt expenses or inventory valuations. However, any estimates should be based on reasonable assumptions and documented thoroughly to ensure transparency and accuracy in financial reporting.
No. Measuring is getting an exact length. Estimating is guessing what the length is
One strategy is estimating the factors the other i don't know
Assembly estimating is a tool used during the planning stages of a large project. Accuracy should be within 10 to 15 percent.
the answer is Whether the sample was selected from the population by a random method
There are different methods for estimating irrational numbers. For numbers like pi or e, there are infinite series which can be used to calculate their value to the required degree of accuracy. There are numerical methods - such as the Newton-Raphson iteration - for estimating roots of numbers.
Using a thermometer or measuring cup provides a precise and accurate measurement of temperature or volume, which is essential in scientific experiments where accuracy is crucial. Estimating temperature or volume is subjective and can introduce errors or inconsistencies, making it less reliable for scientific purposes.
Estimating one of them is equivalent to estimating the other.
No, it is not. Estimating may be rounding but need not be.
Bookkeepers are permitted to engage in guesswork when estimating the value of certain accounts or transactions for which precise data is unavailable. This can occur in situations like estimating bad debt expenses or inventory valuations. However, any estimates should be based on reasonable assumptions and documented thoroughly to ensure transparency and accuracy in financial reporting.
There are a lot of estimating software programs avaiable in the interent. The following gives you a fair idea of estimating software programs and their reviews from the customers - http://construction-estimating-software-review.toptenreviews.com/
Hyman Saunders has written: 'A review of the accuracy of treasury revenue forecasts, 1963-1978' -- subject(s): Tax revenue estimating, United States, United States. Dept. of the Treasury
The estimating term is "linear" feet and is a measurement in a line.
RS Means is a estimating guide book with generic prices. RS Means is a estimating guide book with generic prices.
There are different types of construction estimating services such as concrete estimating, metals estimating, masonry estimating, sitework estimating, opening estimating, electrical estimating, MEP estimating. WorldEstimating is one of the best construction estimating company which is offering accurate cost estimation and material takeoff in all over the world.