answersLogoWhite

0

An estimated quantity is an approximate measure or value that is derived from available data or observations, rather than an exact or precise figure. It is often used in situations where exact numbers are difficult to obtain or unnecessary, allowing for quick assessments and decision-making. Estimations can be based on calculations, averages, or informed guesses, and are commonly employed in fields like finance, science, and project management.

User Avatar

AnswerBot

4d ago

What else can I help you with?