What is estimation analysis?
A) Determination of values for an unknown continuous variable behavior or estimated future value
B) Determination of which things go together
C) Segmentation of a heterogeneous population of more homogeneous subgroups
D) Assignment of records to one of a predefined set of classes

Question

Quizplus · Accepted Answer

Estimation analysis involves determining values for an unknown continuous variable behavior or estimating future values based on available data. It is a predictive modeling technique used in statistics, machine learning, and data analysis to forecast or predict numerical outcomes.

What Is Estimation Analysis