The only thing worse that having to pay expenses each month is not knowing how much you are going to have to write the check for. Being able to estimate business costs accurately can help you plan for ...

The aim of effective project management is to bring the project to completion on time and on schedule. Estimating project duration is a key function of scheduling. Individual activities make up the ...

The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

This special report introduces small area estimation as a modern approach for producing reliable, stand-level forest ...

Imagine you're cooking a new recipe. You have the ingredients, the instructions and the tools. Yet, as you cook, you run into problems: some ingredients need more prep time, the oven heats unevenly ...

MIT researchers have developed a method that generates more accurate uncertainty measures for certain types of estimation.

In statistics, data collection is a difficult process that demands thoughtful consideration. Securing a sufficient sample ...

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...

Researchers propose a new method to generate meteorological data that takes into account the interdependence of meteorological factors, such as temperature, humidity, and solar radiation. Due to the ...

Electric vehicles (EVs) have emerged as a promising trend for future development. Serving as the core energy source for EVs, lithium-ion batteries offer advantages. Accurate SoC estimation is vital ...