Teacher2Teacher 
Q&A #1154 
View entire discussion [<< prev] [ next >>]
From: Xun Chen <chen@dataq.com> To: Teacher2Teacher Public Discussion Date: 2001092422:38:28 Subject: More on Front End Estimation Thank you for your feedback, but you didn't get to the point. To show an extreme case, considering $182,804,050.32 + $1, if we use the method I shown in my first question, we will come up with a range of $100,000,001 as the lower end, and $200000002 as the higher end. Yes, the real number is indeed inside the ranges derived from various approaches, but which what gives a more suitable picture of it? My believe is if we use frontend estimation and expect it to be useful, we should make sure the numbers are in the same order. A good example will be like: $290.94 + $146.53+ $313.83 If they are not in the same order, I suggest either zero be added to the left side of the number, so that they appear in the same order, Question 13) $290.94 + $104.53 + $3.83 will become $290.94 + $104.53 + $003.83 Thus, when we apply the current method, we will get 200+100+0 for the lower end and 300+200+100 for the higher end for the range. Or, more than one digit be used in this method, in our case, using two digits will be very reasonable. Question 13) $290.94 + $140.53 + $3.83 will have 290+140+0 for the lower end and 300+150+10 for the higher end for the range.
Post a reply to this message

[Privacy Policy] [Terms of Use]
Math Forum Home 
The Math Library 
Quick Reference 
Math Forum Search