In Science, If an Inference or a Guess Is Stated

question 28

Short Answer

In science, if an inference or a guess is stated in a way that allows it to be tested, it is called a ________________________.

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Definitions:

Highest Use

An appraisal concept referring to the most probable use of a property or asset that is legally permissible, physically possible, financially feasible, and maximally productive.

Valuation Techniques

Methods and approaches used to determine the fair value of an asset, liability, or a company, based on assumptions of future cash flows, market trends, or comparative assets.

Fair Value Approach

An accounting method that measures assets and liabilities at estimates of their current market value rather than historical cost.