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Estimation - Wikipedia 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 | Definition, Examples, Facts | Britannica 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 A point estimate, for example, is the single number most likely to express the value of the property
What Is Estimation In Maths? Definition, Examples, Facts Estimation is a rough calculation of the actual value, number, or quantity for making calculations easier Example: When taking a cab or waiting for a bill at a restaurant, we tend to estimate the amount to be paid
Estimation in Statistics - stattrek. com Describes the estimation process in statistics Covers point estimates, interval estimates, confidence intervals, confidence levels, and margin of error
Estimation | Brilliant Math Science Wiki An estimation is an approximation of a value We estimate when we do not need an exact answer but just one that is close enough Some questions ask us to find the "closest approximation" or "the best estimate "
What is estimating? - BBC Bitesize Estimating means making numbers simpler but keeping their value close to what it was The result is not exact, but it gives an idea of what the total will be There are steps which can be
Estimation - definition of estimation by The Free Dictionary n 1 a The act or an instance of estimating: Estimation of the storm damage took weeks b The amount, extent, position, size, or value reached in an estimate: the cost estimation is $500 2 An opinion or judgment: In my estimation, that is a good book 3 Favorable regard; esteem: held her teacher in high estimation