Even taking in account JTom observation, F1 is actually a "fair of parts". A new nosecone here, a mirror there.
As internal data is restricted,
it's easy for external observers to notice which part was added and compare times. They do it at a particular circuit. Hence, the x tenths claim. This is the source of many illusions (for example, sandbagging).
Accuracy of the estimates of the public has been studied many times, it's an interesting subject. For example, in an study, some people made project plans. When they were asked to revise figures, and they were told they need to provide a 95% level of confidence,
their estimation of time for completion of the project doubled...
So, two very good questions you can make when receiving an estimate:
- What is the level of confidence of your estimate?
- What assumptions did you make?
When you get an estimate from your employees, ask those two questions and you will get much better responses than ellaborating artificial modifications (X percent on Y circuit or Z percent increase in downforce) of a flawed estimate.
Engineers have to know two things:
1. The answer I'm providing
2. How much I think the answer is wrong.
Simple.
For example, I think
this answer I'm giving is 27% wrong... and it will decrease your forum browsing time by 3 tenths. What? Don't you believe me?
