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Es·ti·ma·tion

/ˌestəˈmāSHən/

noun
- 1. a rough calculation of the value, number, quantity, or extent of something: "estimations of protein concentrations" Similar estimaterough calculationapproximationeducated/informed guessrough guessevaluationassessmentappraisalinformal:guesstimate
- ▪ a judgment of the worth or character of someone or something: "the pop star rose in my estimation" Similar assessmentevaluationjudgmentgaugingratingappraisalesteemopinionviewanalysis
Word Origin late Middle English (originally in the sense ‘comprehension, intuition’, also ‘valuing, a valuation’): from Latin aestimatio(n-), from aestimare ‘determine, appraise’ (see estimate).
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What is estimation in statistics?
Typically, estimation involves "using the value of a statistic derived from a sample to estimate the value of a corresponding population parameter". The sample provides information that can be projected, through various formal or informal processes, to determine a range most likely to describe the missing information.

Estimation - Wikipedia

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What is estimation theory in statistics?
In statistics, an estimator is the formal name for the rule by which an estimate is calculated from data, and estimation theory deals with finding estimates with good properties. This process is used in signal processing, for approximating an unobserved signal on the basis of an observed signal containing noise.

Estimation - Wikipedia

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What is the difference between estimate and appraise?
estimate implies a judgment, considered or casual, that precedes or takes the place of actual measuring or counting or testing out. appraise commonly implies the fixing by an expert of the monetary worth of a thing, but it may be used of any critical judgment.

Estimate Definition & Meaning - Merriam-Webster

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What is a noun estimation?
The noun estimation refers to a judgment of the qualities of something or someone. In your estimation no boy will be good enough for your daughter. He could be the kindest and smartest person on the planet and you'd still find fault. The noun estimation has its Latin roots in aestimare, meaning "to value."

Estimation - Definition, Meaning & Synonyms | Vocabulary.com

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www.merriam-webster.com › dictionary › estimationEstimation Definition & Meaning - Merriam-Webster

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Learn the meaning of estimation as a noun, with synonyms, examples, and word history. Estimation can mean judgment, opinion, estimate, or esteem, depending on the context.
dictionary.cambridge.org › english › estimationESTIMATION | English meaning - Cambridge Dictionary

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Learn the meaning of estimation as an opinion or a guess in English. See how to use estimation in sentences and collocations with other words.
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www.merriam-webster.com › dictionary › estimateEstimate Definition & Meaning - Merriam-Webster

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Learn the meaning of estimate as a verb and a noun, with synonyms, examples, and word history. Find out how to use estimate in a sentence and how it differs from related words like appraise, evaluate, and value.
en.wikipedia.org › wiki › EstimationEstimation - Wikipedia

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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 value is nonetheless usable because it is derived from the best information available.
www.vocabulary.com › dictionary › estimationEstimation - Definition, Meaning & Synonyms | Vocabulary.com

www.vocabulary.com › dictionary › estimation
Definitions of estimation. noun. an approximate calculation of quantity or degree or worth. synonyms: approximation, estimate, idea. see more. noun. a judgment of the qualities of something or somebody. “in my estimation the boy is innocent”. synonyms: estimate.
www.dictionary.com › browse › estimationESTIMATION Definition & Meaning | Dictionary.com

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noun. judgment or opinion: In my estimation the boy is guilty. esteem; respect. Synonyms: appreciation, veneration, honor, regard. approximate calculation; estimate: to make an estimation of one's expenditures. estimation. / ˌɛstɪˈmeɪʃən /.
www.britannica.com › science › estimationEstimation | Definition, Examples, & Facts | Britannica

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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.