Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Estimating is used to help predict the answer to a calculation. We use estimation to make calculations more manageable and to give us an idea of the answer. Estimation is used in the construction ...
Making a sensible guess or a rough calculation is known as estimation. An estimate is not an exact calculation. You can use estimation when you do not need to know an exact number or you can use it to ...
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