Estimation
Estimation is a fundamental concept in various fields, including statistics, project management, and software development. It involves making an educated guess about a quantity or outcome based on available data or experience. In statistics, estimation often refers to determining parameters of a population, such as the mean, using sample data. In project management, accurate estimation is crucial for budgeting, scheduling, and resource allocation. Despite its importance, many find estimation challenging due to uncertainties and the complexity of tasks. Developing effective estimation skills can lead to improved decision-making and project success across different domains.
Chapter 8 Estimation
The code for this chapter is in estimation.py . For information about downloading and working with this code, see Section 0.2 . 8.1 The estimation game Let’s play a game. I think of a distribution, an...
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How to Make Better Estimates?
Estimation provides business value. Accuracy in estimation can lead to better budgeting. You can estimate the cost of work, schedule releases with ease, and correct project planning. Software…
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Let’s talk about estimation.
I struggled a lot with estimations in my two years as a developer. And I’m not the only one, most of my coworkers struggle with this too. I think it’s because nobody teaches you how to estimate when…
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How to Get Better with Estimations
Estimations are hard. Every developer struggles with that task. The reason for that is simple: developers are asked to estimate something that they never did before. Unless it is an agency that makes…...
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Estimating Counts
In the previous chapter we solved problems that involve estimating proportions. In the Euro problem, we estimated the probability that a coin lands heads up, and in the exercises, you estimated a bat...
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Dynamic AI Project Estimation
Mastering the Basics for Agile Success Photo by Tom Parkes on Unsplash Estimations Nowadays, estimations are used by almost everyone. The customers need them to both plan and control when they will s...
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Painless Estimation For Developers
Estimates are a pain. How often have you done estimates, only to have them dismissed with, “You have 3 weeks”? I will show you a path out of this misery. The aim of this article is to provide a…
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Estimate Smarter, not Harder
One of the most difficult (and paradoxically time-consuming aspects) of a software developer’s job is estimation. When developers make estimates about their work it can affect the success of the…
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Estimators
Advantages Similar to a tf.keras.Model , an estimator is a model-level abstraction. The tf.estimator provides some capabilities currently still under development for tf.keras . These are: Parameter se...
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Why Estimates Are Waste
Software development is unpredictable but people waste hours every week trying to guess how long tasks will take. Estimation can provide confidence in future changes, but this doesn’t apply to…
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Want To Save Time on Estimating Projects? Consider Projections
If you can’t get away from estimating, there’s a way to at least get away from spending time on it Photo by Arno Senoner on Unsplash “We know you’ve never done this before; just try to guess it anywa...
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2.8. Density Estimation
Density estimation walks the line between unsupervised learning, feature engineering, and data modeling. Some of the most popular and useful density estimation techniques are mixture models such as......
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