Fermi Estimates: Using Back-of-the-Envelope Calculations to Make Career Decisions
A Fermi estimate—also known as a back-of-the-envelope calculation (BOTEC) or order-of-magnitude estimate—is a way to make rough but helpful estimates where precise data is unavailable. These can be used for anything – from estimating whether the world contains more wheels or doors, to how much positive impact a career might … Read more