Making a guesstimate is just the beginning. Afterward, it’s crucial to verify your assumptions, refine the estimate, evaluate confidence levels, communicate clearly, and monitor the results. These steps will not only improve the accuracy of your guesstimate but also enable you to make more informed and effective decisions. By following this process, you transform a simple guess into a valuable tool for problem-solving and decision-making. If you’re preparing for guesstimate questions with solutions, these steps are essential in providing accurate, actionable insights.
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