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Mathematics Advantages and Disadvantages of Applaying Estimation by : Mohd

Mathematics Advantages and Disadvantages of Applaying Estimation by : Mohd

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Published by: labulin on Nov 17, 2009
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11/26/2012

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MATHEMATICSADVANTAGES ANDDISADVANTAGES OF APPLAYINGESTIMATIONBY :MOHD LUTFI AZMIRAZRAF HANIFNIK AZHANNURHISYAM
 
ESTIMATION
FROM WIKIPEDIA, ESTIMATION IS A..
The calculated approximation of a resultwhich is usable even if input data may beincomplete or uncertain,
In statistic, see estimation theory ,estimator.
In mathematics, approximation orestimation typically means finding upper orlower bounds of a quantity that cannot readilybe computed precisely and also is aneducated guess.
While initial results may be unusablyuncertain, recursive input from output, can
 
ACCORDING TO WEBSTER’S NINTH NEWCOLLEGIATE DICTIONARY,
To estimate means to judge tentatively orapproximately the value, worth, orsignificance of something.
An estimate is a general calculation of size,value, etc, especially an approximatecomputation of the probable cost of a piece of work

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