Definition of Bounding Estimate

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TeachMeFinance.com - explain Bounding Estimate



Bounding Estimate

An estimate of exposure, dose, or risk that is higher than that incurred by the person in the population with the currently highest exposure, dose, or risk. Bounding estimates are useful in developing statements that exposures, doses, or risks are not greater than an estimated value.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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