estimation

Estimation is a fundamental concept in various fields, particularly in software development, statistics, and project management. It involves making an educated guess about a quantity or outcome based on available data or experience. In software development, for instance, developers often estimate the time and resources required to complete tasks or projects, which can be challenging due to uncertainties and unfamiliarity with specific technologies. Accurate estimations are crucial as they influence budgeting, scheduling, and overall project success. As developers gain experience, their estimation skills typically improve, leading to more precise predictions and better project outcomes.

Chapter 8  Estimation

 Think Stats

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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Let’s talk about estimation.

 Level Up Coding

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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Estimation, Prediction and Forecasting

 Towards Data Science

Estimation implies finding the optimal parameter using historical data whereas prediction uses the data to compute the random value of the unseen data. Estimation is the process of optimizing the…

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How to Get Better with Estimations

 Towards Data Science

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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How to Make Better Estimates?

 Level Up Coding

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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Estimating Counts

 Think Bayes

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

 Towards AI

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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Estimate Smarter, not Harder

 Better Programming

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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Painless Estimation For Developers

 Level Up Coding

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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Estimators

 TensorFlow Guide

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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Want To Save Time on Estimating Projects? Consider Projections

 Better Programming

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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Why Estimates Are Waste

 Level Up Coding

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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