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The current base revision is the ninth in the series. Larger revisions typically occur when data systems undergo major improvements, but as databases strengthen, the impact moderates. In India, recent revisions have generally been limited to about 2 to 4 percent. IMF analysis of 56 countries shows revisions ranging from minus 30 percent to over 70 percent, with larger shifts mainly in emerging economies. India’s experience is consistent with this trend. The revision incorporates new data sources

Estimations

PERT Estimation Technique Explained with Examples | ProjectPractical.com

20.10 Maximum Likelihood Estimation Examples | Introduction to Probability | Electrical Engineering and Computer Science | MIT OpenCourseWare