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2. Cost estimate - Wikipedia

   en.wikipedia.org/wiki/Cost_estimate

   A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...

3. Estimation - Wikipedia

   en.wikipedia.org/wiki/Estimation

   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. [1] Typically, estimation involves "using the value of a ...

4. Three-point estimation - Wikipedia

   en.wikipedia.org/wiki/Three-point_estimation

   Three-point estimation. The three-point estimation technique is used in management and information systems applications for the construction of an approximate probability distribution representing the outcome of future events, based on very limited information. While the distribution used for the approximation might be a normal distribution ...

5. Point estimation - Wikipedia

   en.wikipedia.org/wiki/Point_estimation

   Point estimation. In statistics, point estimation involves the use of sample data to calculate a single value (known as a point estimate since it identifies a point in some parameter space) which is to serve as a "best guess" or "best estimate" of an unknown population parameter (for example, the population mean).

6. Estimator - Wikipedia

   en.wikipedia.org/wiki/Estimator

   Estimator. In statistics, an estimator is a rule for calculating an estimate of a given quantity based on observed data: thus the rule (the estimator), the quantity of interest (the estimand) and its result (the estimate) are distinguished. [1] For example, the sample mean is a commonly used estimator of the population mean.

7. OPINION: A parking deck in time: county unlocks millions for ...

   www.aol.com/opinion-parking-deck-time-county...

   When built, the deck will come in at six stories and 1,100 spaces. "When we do this design, we want some bigger spaces than they got out there at the hospital," said Glenn Adams, chairman of the ...