estimation method
noun phraseUK /ˌɛstɪˈmeɪʃən ˈmɛθəd/
US /ˌɛstəˈmeɪʃən ˈmɛθəd/
A way of making a good guess about a number or amount.
We used an estimation method to guess how many jelly beans were in the jar.
RELATED WORDS
OTHER MEANINGS
2. A formal statistical procedure for calculating an unknown value from data.
The scientists used an estimation method to find the average rainfall.
3. A technique for judging size, cost, or time without measuring exactly.
The builder used an estimation method to figure out how much paint we needed.
4. A way of forming an opinion about something based on available information.
Her estimation method for judging people turned out to be quite accurate.