Quotes About Estimation

Unfortunately, we generally find it difficult to assess very small probabilities. We typically overestimate them (thinking the events more likely than they are) and underestimate very high probabilities.

An economist's guess is liable to be as good as anybody else's.

To stand well in the estimation of one's country is a happiness that no rational creature can be insensible of.

At least Obama was half-way honest about how much he was going to spend on health care. He had it at $600 billion. And the real number... is $1.2 trillion.

In my estimation, there has not been in American history a more important leak than Edward Snowden's release of NSA material – and that definitely includes the Pentagon Papers 40 years ago.

Kinkade estimated that one of his paintings hung in every twenty homes in America. Yet the art world unanimously ignores or reviles him. Me included.

I estimate that 75% of those organizations using Scrum will not succeed in getting the benefits that they hope for from it.

The imagination enlarges little objects so as to fill our souls with a fantastic estimate; and, with rash insolence, it belittles the great to its own measure, as when talking of God.

The successful businessman must be able to foresee possibilities, to estimate with sagacity the outcome in the future.

We estimate, and this isn't an estimation, that Greta Waitz is 80 seconds behind

Why don't we just call plans what they really are: guesses.

The solution: Break the big thing into smaller things. The smaller it is, the easier it is to estimate. You're probably still going to get it wrong, but you'll be a lot less wrong than if you estimated a big project. If something takes twice as long as you expected, better to have it be a small project that's a couple weeks over rather than a long one that's a couple months over.

The solution: Break the big thing into smaller things. The smaller it is, the easier it is to estimate. You're probably still going to get it wrong, but you'll be a lot less wrong than if you estimated a big project. If something takes twice as long as you expected, better to have it be a small project that's a couple weeks over rather than a long one that's a couple months over. Keep breaking your time frames down into

He felt himself flung back on all the ugly uncertainties from which he thought he had cast loose forever. After all, what did he know of her life? Only as much as she had chosen to show him, and measured by the world's estimate, how little that was!

The great outstanding thought set forth therein, as it seems to us, is this, that in estimating the value of work, the divine Lord whom all serve takes into account not merely quantity, but quality; that is, the spirit in which the work is done.

Rounding to the nearest cent is sufficiently accurate for practical purposes.

It's estimated that sixty-five thousand thoughts float through our mind a day.

Et pour nous, en voyant des choses dans lesquelles, selon certains sens, nous ne remarquons point de limites, nous n'assurerons pas pour cela qu'elles soient infinies, mais nous les estimerons seulement indéfinies

An ingenious man can hardly stay with a people against their will; and a sincere man can more hardly, for any interest of his own, remain in a place where he is likely to be unprofitable, to hinder the good which they might receive from another man, who hath the advantage of a greater interest in their estimation and affection.

the planning fallacy—the systematic tendency toward unrealistic optimism about the time it takes to complete projects.

to estimating gas volume based on geological models. Major discoveries—the Panhandle Field in 1918 in North Texas, the Hugoton Field in 1922 around the conjunction of Kansas, Oklahoma, and Texas—eased early concerns about premature depletion. Panhandle and Hugoton together accounted for about 16 percent of total twentieth-century US natural-gas reserves, some 117 trillion cubic feet.

In 1841 two American engineers calculated the energy available from the falls for turning waterwheels at 4.5 million horsepower. The US Army Corps of Engineers, surveying the Great Lakes in 1868, estimated Niagara's total available energy as about 6 million horsepower

No one really knows the cat population in America. Some conservative guesses put it in the millions.

Our intelligence officials estimate that Saddam Hussein had the materials to produce as much as 500 tons of sarin, mustard and VX nerve agent.