One of the first tasks when managing a project is the cost estimate. A cost estimate must be accurate, transparent and reliable. These factors are particularly important for a small business because ...

State estimation and filtering techniques form the backbone of modern control, signal processing and data fusion methodologies. These techniques are employed to infer the internal states of a dynamic ...

The estimation of economic relationships often confronts the challenge of weak instruments – variables that are only weakly correlated with endogenous regressors. Such weakness can lead to substantial ...

Sometimes it is a good idea to estimate a calculation rather than work it out exactly, if you don’t need to know the exact value. In this situation, round the numbers in the question before performing ...

Sometimes it is a good idea to estimate the value of a calculation rather than work it out exactly. In this situation, round the numbers in the question before performing the calculation. Usually, ...