What do you understand by estimation and how it is important to us
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Engineers also make use of estimation in their practice to determine answers to ill-defined. problems or when a detailed solution is not called for. Estimation particularly plays an important. role in preliminary stages of design process when decisions have to be made based on.
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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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