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Yep, and always be able to back your assumptions and explain why it’s the best route. Depending on the audience, I’ll point out the gaps.
Be able to explain why you made the assumptions you did. If you can't make educated assumptions, then it's best to find another solution.
If the data's not complete, you'll sometimes need to rely on the current data as it relates to prior trends. It's not the best feeling when you're doing that but if you can support the reasonings, you're usually okay.