BNET Business Dictionary

Business Definition for: Estimation

  • the provision of a numerical value for a parameter of a population that has been sampled

Wiktionary Definition for: Estimation

  • #The process of making an estimate
  • #The amount, extent, position, size, or value reached in an estimate
  • #Esteem or favourable regard

Additional Resources

Refinement and Validation of In-Situ Parameter Estimation Models
This paper discusses the refinement and validation of in-Situ parameter estimation models. The validation of the parameter estimation method must be based on high-quality input data in order to increase the confidence in the parameter estimation model. This is to be done using a medium-scale borehole apparatus that was constructed...
Tags: Refinement, Parameter Estimation Model, Engineering
White papers 2000-03-24
Maxwell Systems Rolls with Estimation Logistics 7.3
Wireless News 01-22-2008 Maxwell Systems Rolls with Estimation Logistics 7.3 WIRELESS NEWS-January 22, 2008-Maxwell Systems Rolls with Estimation Logistics 7.3 C2008 10Meters - http://www.10meters.com Maxwell Systems has announced the release of Maxwell Systems Estimation Logistics 7.3. New to...
Tags: Maxwell Systems Inc.
Research articles 2008-01-22
Estimation Risk, Market Efficiency, and the Predictability of Returns
In asset pricing, estimation risk refers to investor uncertainty about the parameters of the return or cashflow process. It show that with estimation risk the observable properties of prices and returns can differ significantly from the properties perceived by rational investors. In particular, parameter uncertainty will tend to induce return...
Tags: Estimation, National Bureau Of Economic Research, Investor, Financial Accounting, Asset Management, Finance, Operational Planning, Business Operations
White papers 2000-05-10
Holding Period Return-Risk Modeling: Ambiguity in Estimation
In this paper we explore the theoretical and empirical problems of estimating average excess return and risk of US equities over various holding periods and sample periods. The findings are relevant for performance evaluation, for estimating the historical equity risk premium, and for investment simulation. Using a unique set of...
Tags: Equity, Period, Investment, Financial Services, Finance
White papers 2003-09-15
Estimation of Default Probabilities – Part 5
The article describes a new approach to asses firms' and private customers' default proabilities that integrates country risk and macro- and microeconomic dependencies between counterparties. The estimation of default probabilities is presented as a first step in the evaluation of credit portfolio risks and the modeling of dependencies between clients....
Tags: Social Science Electronic Publishing Inc., Estimation Technique, Research & Development, Productivity, Business Operations
White papers 2003-01-01
Measurement and Estimation of Credit Migration Matrices
Credit migration matrices are cardinal inputs to many risk management applications. Their accurate estimation is therefore critical. One explores three approaches, cohort and two variants of duration - time homogeneous and non-homogeneous - and the resulting differences, both statistically through matrix norms and economically through credit portfolio and credit derivative...
Tags: Social Science Electronic Publishing Inc., Migration, Difference, Productivity, Financial Planning, Financial Services, Strategy, Security, Finance, Management
White papers 2003-04-08
Latency Estimation
Latency estimation promises to improve system performance in safety critical systems that integrate periodic and a periodic (i.e. event-triggered) traffic in several important ways. For the first time under a broad range of practical system design conditions, it can provide designers a reasonable method for analyzing how long it takes...
Tags: Honeywell International Inc., Latency Estimation
White papers 2004-03-15
Evaluating Concentration Estimation Errors in ELISA Microarray Experiments
This white paper presents a statistical method based on propagation of error to evaluate concentration estimation errors in the ELISA microarray process. Although propagation of error is central to this method and the focus of this paper, it is most effective only when comparable data are available. Therefore, the paper...
Tags: BioMed Central, Propagation, Concentration Estimation Error
White papers 2005-01-26
Application of the Parametric Cost Estimation in the Textile Supply Chain
This paper compares various cost estimation methods in the textile context : their advantages, drawbacks, and applicability in the product life cycle. The parametric cost estimation model is particularly suited to the earliest stage of design-to-cost approach. It is widely used in different industrial domains such as aerospace, aircraft, telecommunication,...
Tags: Estimation, North Carolina State University, Product Development, Aerospace & Defense, Product Marketing, Marketing Research, Strategy, Research & Development, Business Operations, Manufacturing, Marketing, Management
White papers 2003-06-06
As easy as ABC.(contingent liabilities and estimation)
ABSTRACT: The case is intended to introduce you to the concepts of contingent liabilities and the role of estimation in financial accounting and reporting. The case is based on an actual promotion offered by ABC Warehouse, a large regional electron ABSTRACT: The case is...
Tags: ABC Inc., estimation
Research articles 2004-08-01
Petro Canada, Petrobras, BG Group and Nexen to Discuss Reserves Estimation Practices.
LONDON, October 9 /PRNewswire/ -- Reservoir Engineers and reserves experts from across the globe are meeting at IQPC's Reserves Estimation, Classification and Reporting 2007, 14-15th November 2007, London to share their experience in making credi LONDON, October 9 /PRNewswire/ -- ...
Tags: Classification, Petrobras, Reporting
Research articles 2007-10-09
Merrill Lynch reduces growth estimation for Mexico to 1.5%.
MEXICO CITY, Sep 24, 2002 (Mexico Analytica/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Merrill Lynch reduced the growth estimation for the Mexican economy in 2002 from 1.7% to 1.5%. "Our projection for GPD growth in 2002 fell s MEXICO CITY, Sep 24, 2002 (Mexico...
Tags: Merrill Lynch & Co. Inc.
Research articles 2002-09-24
Pennsylvania State University.(energy estimation tool)(Brief Article)
* Researchers at Pennsylvania State University in University Park have developed an energy estimation tool, called Simple ... * Researchers at Pennsylvania State University in University Park have developed an energy estimation tool, called Simple Power, that evaluates a system-on-a-chip's power consumption and points out the...
Tags: Pennsylvania State University
Research articles 2001-03-01
ISO recently acquired the assets of Xactware Inc., a provider of estimation software and services for the property insurance, remodeling and restoration industries.(Tech Bytes)(Brief article)
ISO recently acquired the assets of Xactware Inc., a provider of estimation software and services for the property insurance, remodeling and restoration industries. The privately held company will continue operating at its current headquarters in Ore ISO recently acquired the assets of Xactware Inc., a provider...
Tags: asset, ISO, property insurance
Research articles 2006-10-01
Discussions of papers already published: "Robust and efficient estimation of the tail index of a single-parameter pareto distribution," Vytaras Brazauskas and...
In Brazauskas and Serfling (2000) we treat the related problem of estimation of ot with sigma unknown. Again the GM estimators dominate the conventional ones with respect to ARE and UBP. Furthermore, it can be shown that the ARE and GES+ values in this case agree exactly with corresponding values...
Tags: E-mail, Exponential Technology, John Wiley & Sons Inc.
Research articles 2001-07-01
Delta's new song: a case on cost estimation in the airline industry.
ABSTRACT: This case provides the opportunity to use various empirical techniques (i.e., high-low method, simple regression, and multiple regression) in the estimation of cost functions. The case uses the airline industry as the setting for this analysis and, in particular, focuses on the efforts of Delta...
Tags: Benefits, Delta, Delta Air Lines Inc., salary, Strategy
Research articles 2004-08-01
"YUKOS" HAS PUBLISHED THE RESULTS OF AN ANNUAL ESTIMATION OF ITS HYDROCARBON RAW MATERIAL SUPPLIES
A&G Information Services 04-26-2004 "YUKOS" HAS PUBLISHED THE RESULTS OF AN ANNUAL ESTIMATION OF ITS HYDROCARBON RAW MATERIAL SUPPLIES ST.PETERSBURG, RUSSIA, × (A&G News via COMTEX) -- An independent consultant in the field of oil engineering, the company De Golyer& MacNaughton...
Tags: barrel, SEC
Research articles 2004-04-26
A noninformative Bayesian approach to interval estimation in finite population sampling. (Special Section: A Focus on Bayesian Methods)
A Noninformative Bayesian Approach to Interval Estimation in Finite Population Sampling GLEN MEEDEN and STEPHEN VARDEMAN(*) A noninformative Bayesian approach to interval estimation in finite population sampling is discussed. Given the sample, this method introduces the Polya distribution as a pseudo posterior distribution over...
Tags: Associated Press, Bayesian, median
Research articles 1991-12-01
Maxwell Systems Launches Estimation Logistics 7.3
New Release of Estimating System Includes Integration with Maxwell Systems American Contractor, Digital Takeoff Capabilities, and Proposal Writer Tool KING OF PRUSSIA, Pa. -- Maxwell Systems, Inc. is today pleased to announce the release of Maxwell Systems[TM] Estimation[TM] Logistics 7.3. New to the program are full integration with the...
Tags: Maxwell Systems Inc.
Research articles 2008-01-21
Cost Estimation
The costs of a constructed facility to the owner include both the initial capital cost and the subsequent operation and maintenance costs. Each of these major cost categories consists of a number of cost components. In this paper, the focus is on the estimation of construction cost, with only occasional...
Tags: Facility, Cost, Carnegie-Mellon University
White papers 2003-01-01
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