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Combat Estimate. The Combat Estimate, also known as the Seven Questions is a sequence of questions used by military commanders, usually in contact with the enemy, to plan their response, such as a platoon attack. [ 1][ 2] It provides a means for formulating a plan that meets the exigencies of battle, even in very difficult circumstances.
The CFPB requires that lenders provide customers with a Loan Estimate to help them understand the full cost of buying a home with a mortgage. [1] The Loan Estimate replaces the Good Faith Estimate, or GFE, that was used prior to 2015. Lenders are required to issue Loan Estimates within three days of receiving a complete loan application, per ...
In software development, effort estimation is the process of predicting the most realistic amount of effort (expressed in terms of person-hours or money) required to develop or maintain software based on incomplete, uncertain and noisy input. Effort estimates may be used as input to project plans, iteration plans, budgets, investment analyses ...
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 .
Technique used in management and information systems. The three-point estimationtechnique is used in management and information systemsapplications for the construction of an approximate probability distributionrepresenting the outcome of future events, based on very limited information. While the distribution used for the approximation might ...
A Basis of Estimate (BOE) is an analyzed and carefully calculated number that can be used for proposals, bidding on government contracts, and executing a project with a fully calculated budget. [2] The BOE is a tool, not just a simple calculation, it is created through careful analysis and intricate calculations that create a specific number ...
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