Some previously held information, which is used to come to an estimate.
A guess involves no previously held information.
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In mathematics, it is often useful to make an educated guess when working on the solution to a problem. This is called an estimate.
Yes estimate and guess our the same.
guess or estimate
If an estimation, or estimate, is a guess, an approximate estimation is a rougher guess.
an estimation is an educated guess as to the cost of a certain procedure or product.