The meaning of ESTIMATION is judgment, opinion. How to use estimation in a sentence.

Estimation (or estimating) is the process of finding an estimate or approximation, which is a value that is usable for some purpose even if input data may be incomplete, uncertain, or unstable.

ESTIMATION meaning: 1. your opinion of someone or something: 2. a guess or calculation about the cost, size, value…. Learn more.

estimation, in statistics, any of numerous procedures used to calculate the value of some property of a population from observations of a sample drawn from the population.

Jul 31, 2025 · Estimation is a technique for calculating information about a bigger group from a smaller sample, and statistics are crucial to analyzing data. For instance, the average age of a city's …

Estimation is a Skill for Life. As you walk around and live your life, imagine if you could easily estimate: Also, it would be great if you could quickly guess how many people are in a room, how many cars in …

Using estimation can help people to make more informed decisions about which product or offer would represent the best value.

The noun estimation has its Latin roots in aestimare, meaning "to value." One of the definitions for estimation is an approximate calculation of something's value. If you go to an auction, you can often …

Nov 25, 2025 · There are about 11 types of estimates, but I will start by categorizing them into three key groups: In many industries, project estimates start very broad and get refined over time. Large …

Estimation is the process of finding a number that is close enough to the exact answer without doing precise calculations. You use estimation to get a quick, reasonable result when an exact answer is …