Oct 24, 2012 · The meaning of ESTIMATION is judgment, opinion. How to use estimation in a sentence.

Estimation (or estimating) is the process of finding an estimate or approximation, which is a value that is usable for some purpose even if input data may be incomplete, uncertain, or unstable.

Estimation is not always about doing calculations. It is important for you to be able to estimate how many things you can see, or how long something is or how big something is.

Jul 31, 2025 · Estimation is a technique for calculating information about a bigger group from a smaller sample, and statistics are crucial to analyzing data. For instance, the average age of a …

Estimation, in statistics, any of numerous procedures used to calculate the value of some property of a population from observations of a sample drawn from the population.

Estimation is a rough calculation of the actual value, number, or quantity for making calculations easier. Example: When taking a cab or waiting for a bill at a restaurant, we tend to estimate …

ESTIMATION meaning: 1. your opinion of someone or something: 2. a guess or calculation about the cost, size, value…. Learn more.

Mar 7, 2024 · An estimate is a rough calculation or judgment, while estimation is the process or act of making such a calculation. Estimate often refers to the resultant figure or judgment …

Using estimation can help people to make more informed decisions about which product or offer would represent the best value.

What is estimation? Estimation is when you use approximate values in a calculation to give an approximate answer rather than an exact answer. Estimation helps to make calculations …