Oct 24, 2012 · 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, 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 not always about doing calculations. It is important for you to be able to estimate how many things you can see, or how long something is or how big something is.

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 …

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

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, 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: …

In statistics, estimation refers to the process by which one makes inferences about a population, based on information obtained from a sample.

Definition of estimation noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.