Explain how you know wether an estimate of a product is an overstimate or an underestimate

1 answer:

5 0

Estimation is the process of making quick mental calculation of a value, quantity, or number.

We basically do estimation every day of our lives.
For example, we want to order several pizzas. We know that each pizza costs between $5 to $10. We order 3 pizza pies; Pie 1 = $6; Pie 2 = $8; Pie 3 = $9.

In getting an estimate, we either overestimate or underestimate. We know that whether a product of an estimate is overestimated or underestimated by the direction of the rounded up numbers.

We overestimate, when we round up the numbers
We underestimate, when we round down the numbers.

Overestimate: $10 x 3 pizza = $30 total cost
Underestimate: $5 x 3 pizza = $15 total cost

Actual cost: $6 + $8 + $9 = $23

In estimating expenses, it is better to overestimate. This gives us an allowance when incidental expenses incur.

In estimating income, it is better to underestimate. It gives us a more realistic value of the income.

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Answer:

Option B and C are correct answers.

Step-by-step explanation:

Option B and C are the correct options.

Option a is true since row 1 has all T.

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mr_godi [17]

Answer:

7.763×10^7 inches

Step-by-step explanation:

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This scaling process only matters if you're computing the results by hand. Any calculator can properly keep track of the required exponents.

"Back in the day" when slide rules were the calculating tool of choice, the operands and answer to any multiplication or division problem were only shown as 3 (sometimes 4) significant digits. All of the power-of-ten scaling was done "by hand" (usually, mentally). That is, the division would be 1225/1578 ≈ 776 × some scale factor. This is where thinking of the numbers as 12.25/1.578 = 7.76 comes in handy.

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