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It is based on approximate values for the variable or a model which is not accurate or both.
Some previously held information, which is used to come to an estimate. A guess involves no previously held information.
A statistical estimate is an estimation of population based on one or many data samples of a group. There are two types of estimates: point and interval.
To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.
In mathematics, it is often useful to make an educated guess when working on the solution to a problem. This is called an estimate.