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What does estimation means?

Updated: 8/29/2022
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Wiki User

9y ago

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The definition of the word estimated is to guess or roughly calculate a figure or value. This is commonly used in math problems.

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Daphnee Stark

Lvl 9
1y ago
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10y ago

The English term 'estimate' has many senses:

1: an approximate calculation of quantity or degree or worth;

2: judge to be probable;

3: the respect with which a person is held;

4: judge tentatively or form an estimate of (quantities or time);

5: a judgment of the qualities of something or somebody;

6: a document appraising the value of something (as for insurance or taxation);

7: a statement indicating the likely cost of some job
An estimate is an approximate guess on something. For instance, if you were to go have your car looked at by a mechanic, he would give you an estimate on how much the repairs would cost by drawing up the approximate cost of labor and parts. Does this make sense?

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14y ago

Estimating means giving your best guess based on the information you have.

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Wiki User

15y ago

educated guess based on facts given

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