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Difference between revisions of "Estimate (n.)"

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(Eugen Grebenik et al., first edition 1958)
 
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Revision as of 19:38, 7 November 2009

Estimate (n.)  (ESTIMATE (n.))


Where insufficient data exist to fix the value of a given variable accurately, attempts may be made to estimate1 this value. The process is called estimation2 and the resulting value an estimate3. Where data are practically non-existent a conjecture4 may sometimes be made to fix the variable’s order of magnitude5.
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