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Yes, it is. What do you think a "conservative estimate" means? Here are two definitions for you: "moderate, cautious, low"[1]; "at the lower end of a range of
by eaurouge 14y ago
Yes, it is. What do you think a "conservative estimate" means? Here are two definitions for you: "moderate, cautious, low"[1]; "at the lower end of a range of possible numbers"[2].
1. http://www.answers.com/topic/conservative http://www.answers.com/topic/conservative
2. http://www.definitions.net/definition/conservative http://www.definitions.net/definition/conservative
- d503 14y agoArguably if you're talking about spending money then a conservative (i.e. cautious or moderate) estimate is a high estimate.
- patio11 14y agoI was assuming the value being optimized for was runway, so a conservative estimate overshoots on probable fully-loaded cost which results in underestimating how long you have until you die. Overestimating how long until you die has more serious consequences from the perspective of, well, everyone involved.