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  2. Order of magnitude - Wikipedia

    en.wikipedia.org/wiki/Order_of_magnitude

    An order-of-magnitude estimate of a variable, whose precise value is unknown, is an estimate rounded to the nearest power of ten. For example, an order-of-magnitude estimate for a variable between about 3 billion and 30 billion (such as the human population of the Earth) is 10 billion. To round a number to its nearest order of magnitude, one ...

  3. Fermi problem - Wikipedia

    en.wikipedia.org/wiki/Fermi_problem

    Thus one will expect to be within 1 ⁄ 8 to 8 times the correct value – within an order of magnitude, and much less than the worst case of erring by a factor of 2 9 = 512 (about 2.71 orders of magnitude). If one has a shorter chain or estimates more accurately, the overall estimate will be correspondingly better.

  4. Order of approximation - Wikipedia

    en.wikipedia.org/wiki/Order_of_approximation

    Zeroth-order approximation is the term scientists use for a first rough answer. Many simplifying assumptions are made, and when a number is needed, an order-of-magnitude answer (or zero significant figures) is often given. For example, "the town has a few thousand residents", when it has 3,914 people in actuality.

  5. Scale analysis (mathematics) - Wikipedia

    en.wikipedia.org/wiki/Scale_analysis_(mathematics)

    Scale analysis (or order-of-magnitude analysis) is a powerful tool used in the mathematical sciences for the simplification of equations with many terms. First the approximate magnitude of individual terms in the equations is determined.

  6. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    An order-of-magnitude estimate is prepared when little or no design information is available for the project. It is called order of magnitude because that may be all that can be determined at an early stage. In other words, perhaps we can only determine that it is of a 10,000,000 magnitude as opposed to a 1,000,000 magnitude.

  7. Approximate counting algorithm - Wikipedia

    en.wikipedia.org/wiki/Approximate_counting_algorithm

    Using Morris' algorithm, the counter represents an "order of magnitude estimate" of the actual count. The approximation is mathematically unbiased. To increment the counter, a pseudo-random event is used, such that the incrementing is a probabilistic event. To save space, only the exponent is kept.

  8. Back-of-the-envelope calculation - Wikipedia

    en.wikipedia.org/wiki/Back-of-the-envelope...

    As the blast wave reached him, Fermi dropped bits of paper. By measuring the distance they were blown, he could compare to a previously computed table and thus estimate the bomb energy yield. He estimated 10 kilotons of TNT; the measured result was 18.6. [5] [6]

  9. German tank problem - Wikipedia

    en.wikipedia.org/wiki/German_tank_problem

    A random sample of these items is taken and their sequence numbers observed; the problem is to estimate N from these observed numbers. ... Order of magnitude