Question: Locate an example from a business periodical or newspaper in which estimation has been used.
a. What specifically was estimated?
b. What conclusion was reached using the estimation?
c. Describe how the data were extracted and how they were used to produce the estimation.
d. Keeping in mind the goal of the estimation, discuss whether you believe that the estimation was successful and why.
e. Describe what inferences were drawn as a result of the estimation.