Estimation
(Redirected from Estimate)
Estimation is the approximation of a result that one can use even if they are using information that is not clear or is incomplete. It is like making an educated, reasonable guess based on the information given.
If an estimate is more than the actual amount, then it is called an overestimate.[1] If the estimate was less than the actual result, then it is called an underestimate.[2] This is different from a prediction.
Estimation Media
The exact number of candies in this jar cannot be determined by looking at it, because most of the candies are not visible. The amount can be estimated by presuming that the portion of the jar that cannot be seen contains an amount equivalent to the amount contained in the same volume for the portion that can be seen.
