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.

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

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.

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 …

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

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 …

Project estimation methods take constraints such as cost, scope, and time into account to accurately budget funds and resources needed for project success. In this guide, we’ll cover each estimation …