Understanding
Imprecise inputsCreate a beautiful Album Art for new Michael Jackson album
Imprecise outputsGuess ??
Example : Scenery , Portrait, Caricature, Abstract art
: Doctor treats a customer for fever
Part imprecise input : Eye shade, Stomach hardness
Imprecise Output : Dietary recommendations: Example eat light
Example : Physician, Lawyer, Designer, Ayurveda
Part precise inputs : Temperature, pulse
Precise Output : Precription containing exact name of medicines, its potency in mg and also dosage ( # of times/day), Before /After meal
The prescription
Content is standard but varies from Doctor to doctor and also the writing style/legibility varies as per individual doctor’s preference
Process : Withdraw ATM cash Rs 1000
Precise inputs :Debit/Credit card, pin #, Txn type, amount
Example : Aadhar card application, Railway refund, IT returns, App download etc Most Biz activity
Precise Inputs
Precise Output
ComparisonParameter Art Practice Process
Consistency Low Medium Very high
Scalability Very low Medium Very High
Variance Very High Moderate Very low
Org suitability Low Medium Very High
Indiv suitability
Very high Medium Very low
Quiz 1( What are these? Explain) Sl # Activity Art? Practice?
Process?Remarks
1 Travel consultancy
2 Counselling to a spoilt teenage girl by psychologist
3 A pandit conducting marriage ritual for couple
4 Annual Appraisal and hikes in mature companies
5 Arranging used plastic bottles to create a sculpture
6 An Architect making a model for international school
ESTIMATION is the process of finding an approximation, which is a value that is usable for some purpose even if input data may be incomplete, uncertain, or unstable. The value is nonetheless usable because it is derived from the best information available. [Source : Wikipedia]
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