Business

Apple's revenue and profit edge up despite slowing economy

Apple managed to boost both its sales and profit during a summertime quarter that depressed the fortunes of most other major tech companies, but that doesn't necessarily mean the iPhone maker will be immune to a potential ...

Automotive

China lockdown, chip shortage hit Nissan profits

Japanese car giant Nissan said on Thursday that net profit sank nearly 60 percent in the three months to June as pressures including a lockdown in Shanghai and chip shortages weighed on business.

Energy & Green Tech

State commits to wind energy for 3.2M, eyes onshore sites

New Jersey formally committed itself Wednesday to using offshore wind energy to power 3.2 million homes and will study the best ways to get that electricity from ocean turbines to communities where it is needed.

page 2 from 3

Estimation

Estimation is the calculated approximation of a result which is usable even if input data may be incomplete or uncertain.

In statistics,

In mathematics, approximation or estimation typically means finding upper or lower bounds of a quantity that cannot readily be computed precisely.

In signal processing, see estimation theory for approximating an unobserved signal on the basis of an observed signal containing noise.

In project management, see estimation (project management) for applications to project planning.

In physics, a Fermi problem is one concerning estimation in problems which typically involve making justified guesses about quantities that seem impossible to compute given limited available information.

This text uses material from Wikipedia, licensed under CC BY-SA