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Estimation

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10y ago

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What is the term used to describe an approximate of a number based on reasonable assumptions?

It could be called estimation.


An approximation of a number based on reasonable assumptions?

estimate


What is an approximation of a number based on reasonable assumptions is called?

estimate


Is a significant figure an approximation of a number based on reasonable assumptions?

No.


A reasonable conclusion based on observations?

facts or assumptions. Lake Minnetonka contains a buffer, but Upper Kintla Lake does not.


What is an approximation of a number based on resonable assumptions called?

It is q


How to write assumptions in research effectively?

To write assumptions in research effectively, clearly state the underlying beliefs or conditions that guide your study. Make sure your assumptions are reasonable, logical, and based on existing knowledge. Be transparent about your assumptions and consider how they may impact your research findings.


How do you make reasonable assumptions?

To make reasonable assumptions, start by gathering relevant data and information about the context or situation at hand. Evaluate the reliability and credibility of your sources, and consider any potential biases or gaps in the information. Use logical reasoning to draw conclusions based on the evidence, while remaining open to alternative perspectives. Finally, be prepared to adjust your assumptions as new information becomes available.


What are the assumptions that Olber's Paradox is based on?

Olber's Paradox is based on the assumptions that the universe is infinite in size, both in space and time, and that it is uniformly filled with stars. These assumptions lead to the conclusion that the night sky should be as bright as the surface of a star due to an infinite number of stars in every line of sight.


What are the problems of using a cash flow forecast?

A forecast is based on assumptions which may not come true. For example, we expect sales to be X and expenses to be Y. When reviewing a forecast it's important o understand the assumptions nad determine whether you think they are reasonable. Analysts are trained in this area.


Why do ecologists use the technique of sampling to estimate population size?

In many cases, it is not even possible to count signs of every member of a population. The population may be very large or spread over a wide area. In such cases ecologists usually make an estimate. An estimate is an approximation of number, based on reasonable assumptions.


When writing a SOW use the SMART principle which stands for?

Specific, Maintainable, Available, Reasonable, Time-based Standard, Measurable, Available, Rational, Time-based Standard, Maintainable, Accountable, Reasonable, Time-based Specific, Measurable, Accountable, Reasonable, Time-based