Question

difine term estimation​

Answer 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.

Answer 2

Answer:

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Explanation:

difine term estimation

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.

student also ask:

Why do we need estimation?

We estimate for these reasons: ... An order-of-magnitude size means we want to invest just enough time in the estimate that we believe in the accuracy of it for planning purposes. We want to know when we will be done, because we are close. We need to allocate money or teams of people for some amount of time