GlossaryThis glossary offers definitions of technical terms commonly used in the BIS Quarterly review.
Estimated valueObservation obtained through an estimation methodology (e.g. to produce back-casts) or based on the use of a limited amount of data or ad hoc sampling and through additional calculations (e.g. to produce a value at an early stage of the production stage while not all data are available). It may also be used in case of experimental data (e.g. in the context of a pilot ahead of a full scale production process) or in case of data of (anticipated/assessed) low quality. If needed, additional information can be provided through free text using the COMMENT_OBS attribute at the observation level or at a higher level .