Calculus and Statistics Methods
Error estimation refers to the process of determining the uncertainty or difference between an approximate value and the exact value in mathematical calculations. It is crucial for evaluating the accuracy of methods used in approximations, especially in series like Taylor series, where functions are represented as polynomials. By understanding error estimation, one can assess how closely a function is approximated and what implications that has for practical applications, such as numerical analysis and scientific computations.
congrats on reading the definition of Error Estimation. now let's actually learn it.