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Estimating Costing And Valuation .

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By Soumya Ranjan Sahoo Civil Department Head
  • Certified Course
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What you'll learn

Estimate is the process of finding an estimate or approximation,which is a value that is usable for some purpose even if inpaut data may be incomplete ,uncertain or unstable .The value is nonetheless usable because it is derived from the best infromation available . Typically ,estimation involves "using the value of a statistic derived from a sample to estimate the value of a corresponding population parameter ".the sample provides information that can be projected,through various formal or informal processes ,to determine a range most likely to describe the missing informatoin .an estimate that turns out to be incorrect will be an overestimate if the estimate exceeds the actual result and an underestimate if the estimate falls short of the actual result.

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Soumya Ranjan Sahoo
Soumya Ranjan Sahoo
Civil Department Head
  • 75,237 Reviews 4.4 Rating
  • 912,970 Students
  • 16 Courses

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Estimating Costing And Valuation .

  • 12 Lessons
  • 50 Students
Soumya Ranjan Sahoo
By Soumya Ranjan Sahoo In Civil Department Head
Rs 6000 Rs 5000
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Estimating Costing And Valuation .
Rs 6,000 Rs 5,000
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