Estimating: meaning, definitions and examples

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estimating

[ ˈɛstɪmeɪtɪŋ ]

^{Context #1}

business

Approximating the value, size, or cost of something based on available information and expertise.

Synonyms

calculating, evaluating, predicting

Examples of usage

We are currently estimating the budget for next year's project.
The company is estimating the market demand for the new product.

^{Context #2}

statistics

Determining an unknown quantity or value using statistical methods.

Synonyms

approximating, assessing, measuring

Examples of usage

The researchers are estimating the population size using sampling techniques.
The survey results were used to estimate the average income of the population.

^{Context #3}

general

A rough calculation or assessment of the value, number, quantity, or extent of something.

Synonyms

assessment, guess, prediction

Examples of usage

The estimation of the project cost was higher than expected.
Her estimation of the time required for the task was inaccurate.

Translations

Translations of the word "estimating" in other languages:

🇵🇹 estimativa

🇮🇳 अनुमान

🇩🇪 Schätzung

🇮🇩 perkiraan

🇺🇦 оцінка

🇵🇱 szacowanie

🇯🇵 見積もり

🇫🇷 estimation

🇪🇸 estimación

🇹🇷 tahmin

🇰🇷 추정

🇸🇦 تقدير

🇨🇿 odhad

🇸🇰 odhad

🇨🇳 估计

🇸🇮 ocena

🇮🇸 áætlun

🇰🇿 бағалау

🇬🇪 შეფასება

🇦🇿 qiymətləndirmə

🇲🇽 estimación

Word origin

The word 'estimating' comes from the Middle English word 'estimaten', which is derived from the Old French word 'estimer' and the Latin word 'aestimare', meaning 'to value or appraise'. The concept of estimation has been used in various fields such as business, statistics, and general assessments for centuries.