A lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible.Otherwise, the errors in the estimation get compounded.

Name: A lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible.Otherwise, the errors in the estimation get compounded.
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Question

Quizplus · Accepted Answer

Errors in individual estimates can accumulate and lead to a larger overall error in the final market size calculation.

A Lot of Estimates Go into the Final Calculation to Determine