16 lines
474 B
Markdown
16 lines
474 B
Markdown
# Estimation
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> [!important]
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> This note does not, and should never,
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> touch more than briefly on applications of estimation in business,
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> or at least not estimating as understood by any particular industry.
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> See [[estimating]] for these topics.
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**Estimation** is the general process
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of approximating outcomes under [[uncertainty]],
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that is, based on limited [[information]].
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"Forecasting" is usually synonymous,
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with the restriction that
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Under [[bayesian-statistics]], |