# Difference between revisions of "Approximation"

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The use of estimation techniques to provide a rough calculation - sufficiently accurate for the given purpose - of a financial or other measure. | The use of estimation techniques to provide a rough calculation - sufficiently accurate for the given purpose - of a financial or other measure. | ||

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* [[Extrapolation]] | * [[Extrapolation]] | ||

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## Revision as of 10:24, 29 July 2013

*Maths.*

1. The use of estimation techniques to provide a rough calculation - sufficiently accurate for the given purpose - of a financial or other measure.

2. An expression in simpler or more rounded terms of a known financial or other measure, sufficiently accurate for a specified purpose.