#### 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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#### 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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#### 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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#### Performing Statistical Estimation

Towards Data Science

Statistics, as we know, is the study of gathering data, summarizing & visualizing the data, identifying patterns, differences, limitations and inconsistencies and extrapolating information regarding…

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#### What’s Wrong With Your Estimates

Better Programming

If you often fail your estimates — this is how to estimate the tasks quickly and accurately. Photo by Headway on Unsplash Every more or less significant project has its stakeholders. And the stakehol...

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#### Estimates Are Estimates!

Better Programming

A lesson learned as a Scrum coach Continue reading on Better Programming

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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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#### 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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#### 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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#### 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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#### Agile Estimation: part II

Towards Data Science

In my previous notebook I proposed to use Poisson distribution for estimating the number of story points per iteration, i.e. project velocity. It is a fairly simple distribution, which has one…

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#### Plain and Simple Estimators

Towards Data Science

Machine learning is awesome, except when it forces you to do advanced math. The tools for machine learning have gotten dramatically better, and training your own model has never been easier. We’ll…

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#### Demystifying Estimation: The Basics

Towards Data Science

Know more about the population Photo by Roman Mager on Unsplash Table of Content 1. Introduction 2. Normal Distribution 3. Central Limit Theorem 4. Need to understand the basics? 5. Conclusion Introd...

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#### Relative Estimation is a Waste of Time

Level Up Coding

Relative Estimation is a complete waste of time, and not only a waste of time it is actually damaging to agile and software delivery. The following analysis is based upon work by many leading agile…

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#### The Truth About Why Software Estimation Actually Matters

Better Programming

How to think about the impact of estimation on our product’s quality rather than deadlines Photo by Andrew Seaman on Unsplash Software estimation is generally considered a necessary evil to identify ...

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#### The Beginner’s Guide to Software Estimation

Better Programming

I was brought into a room with my boss, boss’s boss, and my boss’s boss’s boss, and we all sat at a round table looking at each other. A couple of analysts starting reading some requirements from a…

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#### Demystifying Estimation: The Basics

Towards AI

Know more about the population Table of Content 1. Introduction 2. Normal Distribution 3. Central Limit Theorem 4. Need of understanding the basics?? 5. Conclusion Introduction Statistics is an impor...

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#### Estimating the Value of your Data

Towards Data Science

Dr. David R. Hardoon is a Visiting Faculty at Sim Kee Boon Institute for Financial Economics, Singapore Management University and previously the Chief Data Officer at the Monetary Authority of…

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#### Maximum Likelihood Estimation

Analytics Vidhya

The main goal of statistical inference is learning from data. However, data we want to learn from are not always available/easy to handle. Imagine we want to know the average income of American…

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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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#### How To Make Precise Estimates in Software Development

Better Programming

Story points are not the answer, and to be honest, I think story points are mostly useless. Continue reading on Better Programming

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#### A primer on statistical estimation and inference

Towards Data Science

A Primer on Statistical Estimation and Inference The law of large numbers and sound statistical reasoning are the foundation for effective statistical inference in data science Photo by Gabriel Ghnas...

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#### The Consistent Estimator

Towards Data Science

A consistent estimator is one which produces a better and better estimate of whatever it is that it’s estimating, as the size of the data sample it is working upon goes on increasing.

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#### Statistical inference through confidence interval estimation

Towards Data Science

Sampling, Sampling Error, Non-sampling Error, Estimation, Confidence Interval, Standard Error

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