Difference between revisions of "Approximation"

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''Maths.''
 
''Maths.''
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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]]
 
* [[Interpolation]]
 
* [[Interpolation]]
 
 

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.

See also