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Fibonacci Series = Accurate Agile Estimates? + FREE Cheat Sheet

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55K views|6 years ago
💫 Short Summary

The video delves into the use of the Fibonacci series for estimating, emphasizing the importance of relative differences in the series. It starts with building the series from scratch and discusses how the relative gap settles around 60% as the series progresses. The video promotes rough estimates over accuracy, with visual demonstrations showcasing the consistency of relative differences. The speaker questions the accuracy of estimates using the Fibonacci series and offers an agile estimating cheat sheet for viewers. New episodes are released every Wednesday, encouraging viewers to subscribe and share.

✨ Highlights
📊 Transcript
Importance of relative differences in the Fibonacci series.
02:01
The Fibonacci series is built from scratch using 0, 1, and adding pairs of numbers.
Focus on the gaps between numbers rather than their absolute values.
Relative gap settles around 60% as the series progresses.
Visual demonstrations show consistent relative size between numbers despite zooming out.
The Fibonacci series is used for estimating in a way that encourages rough estimates rather than accuracy.
04:46
The series promotes simplicity in estimating and discourages attempts at precise calculations.
The speaker questions the effectiveness of the Fibonacci series in producing accurate estimates.
Viewers are directed to an agile estimating cheat sheet in the comments section for additional guidance.
The video encourages viewers to share and subscribe for new episodes released every Wednesday.