Estimations: meaning, definitions and examples

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estimations

 

[หŒษ›stษชหˆmeษชสƒษ™nz ]

Definitions

Context #1 | Noun

in mathematics

Estimations are rough calculations or guesses about the value, size, or extent of something. They are used when exact information is not available or when a quick answer is needed.

Synonyms

approximation, assessment, guess.

Which Synonym Should You Choose?

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Word Description / Examples
estimations

Used when referring to a calculation or judgment of the value, number, quantity, or extent of something. It's usually based on some form of data or expertise.

  • The engineer's estimations suggest that the project will cost around $1 million.
  • Their financial estimations were surprisingly accurate.
approximation

Used when referring to a value or number that is close to but not exactly equal to another. Often used when precise data is unavailable.

  • This map provides only a rough approximation of the route.
  • Can you give me an approximation of how long the meeting will last?
guess

Used when making a prediction or estimate without sufficient information or data, often based on intuition or casual reasoning. Generally seen as less accurate or reliable.

  • Just take a guess at how many candies are in the jar.
  • I'd guess he's around 30 years old.
assessment

Used when referring to the process of evaluating or analyzing the value, importance, or condition of something, often by experts.

  • The teacher's assessment of the student's work was very thorough.
  • We need a risk assessment before starting the new project.

Examples of usage

  • We made estimations of the cost before starting the project.
  • Her estimation of the time required was way off.
  • The estimations for the number of attendees were surprisingly accurate.
Context #2 | Noun

general usage

Estimations can also refer to the esteem or respect in which someone is held.

Synonyms

esteem, regard, respect.

Which Synonym Should You Choose?

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Word Description / Examples
estimations

Used when referring to approximate calculations or assessments of value, quantity, or extent.

  • The project manager provided rough estimations of the costs involved.
  • His estimations of the time required were not accurate.
regard

Used to indicate consideration or attention towards someone or something; can also imply respect but is generally less intense than 'esteem'.

  • The company holds its customers in high regard.
  • I have a great deal of regard for her opinions.
esteem

Used to express a high regard or appreciation for someone or something; often implies admiration or respect. Can sometimes sound formal or old-fashioned.

  • She held her mentor in high esteem.
  • His work earned him great esteem among his colleagues.
respect

Used when showing or feeling admiration for someone because of their abilities, qualities, or achievements; also used to show consideration for others by acknowledging their feelings or rights.

  • She has earned the respect of everyone in the office.
  • It's important to treat everyone with respect.

Examples of usage

  • She is held in high estimation by her colleagues.
  • Their estimations of his abilities were proven wrong.
Context #3 | Noun

business

In a business context, estimations are predictions or forecasts of future outcomes, often related to financial performance.

Synonyms

forecast, prediction, projection.

Which Synonym Should You Choose?

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Word Description / Examples
estimations

Best used when giving a rough calculation or judgement about the size, number, or value of something based on available information.

  • The estimations for the cost of the project were higher than expected
  • Our initial estimations may need to be adjusted after gathering more data

Examples of usage

  • The company's estimations for next quarter's profits are optimistic.
  • Our estimations show a steady growth in sales over the next year.

Interesting Facts

Mathematics

  • Estimations are often used in math to quickly assess a number without calculating the exact answer.
  • In statistics, estimation helps people understand trends and make predictions based on sample data.
  • Estimation techniques can simplify complex problems, making them easier to solve.

Economics

  • In economics, estimations are crucial for budgeting, allowing businesses to project future expenses and revenues.
  • Economic forecasts rely heavily on estimations to guide government policies and investment decisions.
  • Estimating demand helps companies decide how much product to produce to avoid waste and maximize profit.

Science

  • Scientists use estimation when measuring large distances in space, as accurate tools may not always be available.
  • In experiments, estimations can help determine sample sizes needed for reliable results.
  • Estimations in environmental studies help clarify the potential impacts of climate change projections.

Psychology

  • Humans often rely on estimations as a cognitive shortcut, which can lead to biases in decision-making.
  • Estimations can reveal how people perceive risks and rewards, influencing choices in uncertain situations.
  • Mental math estimations are a sign of numerical fluency, which varies across individuals and cultures.

Everyday Life

  • People routinely make estimations when cooking, like guessing how much spice to add without measuring.
  • In everyday conversations, people might estimate time, saying it will take 'about an hour' to reach a destination.
  • Estimation plays a role in sports, as athletes gauge distances or times to enhance their performance.

Translations

Translations of the word "estimations" in other languages:

๐Ÿ‡ต๐Ÿ‡น estimativas

๐Ÿ‡ฎ๐Ÿ‡ณ เค…เคจเฅเคฎเคพเคจ

๐Ÿ‡ฉ๐Ÿ‡ช Schรคtzungen

๐Ÿ‡ฎ๐Ÿ‡ฉ perkiraan

๐Ÿ‡บ๐Ÿ‡ฆ ะพั†ั–ะฝะบะธ

๐Ÿ‡ต๐Ÿ‡ฑ szacunki

๐Ÿ‡ฏ๐Ÿ‡ต ่ฆ‹็ฉใ‚‚ใ‚Š

๐Ÿ‡ซ๐Ÿ‡ท estimations

๐Ÿ‡ช๐Ÿ‡ธ estimaciones

๐Ÿ‡น๐Ÿ‡ท tahminler

๐Ÿ‡ฐ๐Ÿ‡ท ์ถ”์ •์น˜

๐Ÿ‡ธ๐Ÿ‡ฆ ุชู‚ุฏูŠุฑุงุช

๐Ÿ‡จ๐Ÿ‡ฟ odhady

๐Ÿ‡ธ๐Ÿ‡ฐ odhady

๐Ÿ‡จ๐Ÿ‡ณ ไผฐ่ฎก

๐Ÿ‡ธ๐Ÿ‡ฎ ocenitve

๐Ÿ‡ฎ๐Ÿ‡ธ mat

๐Ÿ‡ฐ๐Ÿ‡ฟ ะฑะฐา“ะฐะปะฐัƒ

๐Ÿ‡ฌ๐Ÿ‡ช แƒจแƒ”แƒคแƒแƒกแƒ”แƒ‘แƒ”แƒ‘แƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ qiymษ™tlษ™ndirmษ™

๐Ÿ‡ฒ๐Ÿ‡ฝ estimaciones

Word Frequency Rank

With rank #19,240, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.