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Some previously held information, which is used to come to an estimate.

A guess involves no previously held information.

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12y ago
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Q: An estimate is not a guess because an estimate is based on?
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Related questions

Can 50.4 be estimate?

Sure. The idea o an estimate is "best guess" based on available data


What is a ballpark cost?

A best-guess estimate, probably based on the guesser's experience.


What is ballpark cost?

A best-guess estimate, probably based on the guesser's experience.


What is an educated guess based on knowledge and observation?

In mathematics, it is often useful to make an educated guess when working on the solution to a problem. This is called an estimate.


What is the mark used for?

It is used to estimate the population of a species in an ecosystem. It is an educated guess based on the data you collect because it is impossible to know exactly how many organisms there are in a given area.


What is the definition of estimate?

An estimate is an approximate calculation of the value, number, quantity, or extent of something based on available information. It is not an exact measurement but rather a rough approximation.


Is estimate and guess the same?

Yes estimate and guess our the same.


Can an estimate be an odd number?

Of course it can! It can be any number you want because it is just an estimate, a guess. Hope I helped!


Meaning of guess in Malayalam?

The word "guess" in Malayalam can be translated as "അംശം അറിയിക്കുക" (amsham ariyikkuka), which means to estimate or make a conjecture based on limited information or intuition.


What is an educted guess?

An educated guess is a hypothesis or prediction based on prior knowledge, reasoning, or evidence, rather than random speculation. It involves making an informed estimate or assumption using available information to arrive at a logical conclusion.


I help you make a guess or a rough calculaion?

Sure, I'd be happy to provide a guess or rough calculation based on the information you provide. Just let me know the details!


What is the trap-mark-release method used for?

It is used to estimate the population of a species in an ecosystem. It is an educated guess based on the data you collect because it is impossible to know exactly how many organisms there are in a given area.