Fallacy of the Day
Herding Cats
DECEMBER 24, 2017
Forecasting ? Estimating. In the book on #NoEstimates, it is stated the difference between estimating and forecasting using a Merriam Webster dictionary. This book states estimating is "giving a general idea about the value, size, or cost of something". Forecasting, on the other hand, means "calculating or predicting some future event usually as a result of analysis of available pertinent data".
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