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Guesstimate is a tool for performing estimates using monte carlo experiments. It can be used similarly to excel, but provides the option of providing ranges and distributions as values instead of individual points. Other metrics can do mathematical operations on these cells/metrics. After each new input is added or changed, a set of 5000 samples is randomly generated from each input and goes through the specified operations to produce confidence intervals in the output.

Using Guesstimate

See GetGuesstimate.com to use.

Create a Collection

create_collection

Create a Metric with a Guess

create_guess You can enter individual numbers or ranges.

Currently all ranges are converted into normal distributions by default, but can be changed to uniform distributions.

Create a Metric with a Function input

create_function Use the = sign as the first character of a guesstimate input to make it a function (similar to Excel and Google Sheets). Each metric has a variable name which is made of two randomly chosen letters. When the function input is selected, you can either type a metric's symbol to use it in a calculation, or simply click on it.

The functions are processed using Math.js. As such, it has several mathematical constants and functions that are useable.

Different Visualization Methods

visualizations

Metric Visualizations

There are a few different ways of visualizing metrics. These are the following:

Arrows

Arrows between metrics can be turned on or off. They can be useful, but also add complication to the UI. In the future the arrow layout may improve significantly. By default they show when there are less than 20 metrics in a model, and are hidden when there are more.

Distribution View

distributions Click on Metrics to see more information about their distributions. The Distribution shows a large view of the Distribution, information about different percentiles, and a description.

Limitations

There are many things that will be improved. Some of the more important limitations include:

  1. Distribution types are limited to normal, uniform, and a few discrete types with math.js functions
  2. Everything is public.
  3. Only the creator of a collection is allowed to save edits to that collection.
  4. Metrics can't be shared between collections.

Technical Information

Guesstimate frontend is a [Next.js] Application.

There are two important third party systems. Authentication is done with Auth0, through next-auth, and search/indexing is done with Algolia. This means that running it yourself involves some setup, but on the other hand it's pretty easy set up compared to what you may need in comparable systems. Both of these are free for moderate use. I recommend both, though should note that the way I set up Algolia was a bit hacky (not sure how to do it right).

There is also a small server in Rails, which is not yet on Github. I'd like to work on security a bit more before putting it on here (if select people want to work on it I'd be happy to share in a small group). However, this is quite tiny; just 2 models (users, spaces).

All models are stored and saved as 'spaces'. The spreadsheet content is all stored as json in Postgres. You can see the full requests if you look at the network tab in chrome.

However, while there are a few third party systems, everything will still work with just guesstimate-app, as long as you don't try to log in or save. In practice this means that you can do quite a bit of development, as you can edit any model on the site (just can't save them). It also makes much development quite simple when it's just on the website (not the server).

You can point your local instance to production APIs by setting NEXT_PUBLIC_API_ENV: NEXT_PUBLIC_API_ENV=production pnpm dev.

How to run

First, make sure that git and node are installed.

git clone https://github.com/getguesstimate/guesstimate-app.git

cd guesstimate-app

pnpm install

pnpm dev

There are often errors with specific things, but it depends on what is already installed on the computer. Later we could put it in a docker container or something.