Assumption & estimation

This query is : Resolved

Report Abuse Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

30 May 2014 WHAT IS DIFFERENCE BETWEEN ASSUMPTION AND ESTIMATION

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

31 May 2014 assumption is a belief..for eg I assume that in a meeting everyone will be on time.

so there is no science behind the assumption...like we assuming we have God!

estimation on the other hand is a science..like on the basis of past experience, I may estimate what are the chances of everyone reaching in time for the meeting.

Guest

Guest (Expert)

31 May 2014 PERFECTLY DESCRIBED BY NIKHIL SIR...

Upgrade to CAclubindia Pro. Subscribe Now!