What is an example of an estimate?

Those who knew him well formed a high estimate of his ability in practical affairs. It is probable that this estimate is generous according to the values of that time. It appears from the above estimate , that my food alone cost me in money about twenty-seven cents a week.

The Word "Estimate" in Example Sentences. Page 1. 17974 Try to estimatehow much you spent on books. Zifre 1 3328453 Can you estimateits value? CK 682016 The estimatewas a complete shock! Source_VOA 249221 We estimatedhis losses at 100 dollars. CK 262785 We estimatedthe damage at 1000 dollars.

When can you use estimate?

When you're shopping in the grocery store and trying to stay within a budget, for example, you estimate the cost of the items you put in your cart to keep a running total in your head. When you're purchasing tickets for a group of people or splitting the cost of dinner between 8 friends, we estimate for ease.May 28, 2015

Why do we estimate?

We estimate for these reasons: To provide an order-of-magnitude size/cost/date about the project, so we have a rough idea of the size/cost/date for planning purposes. An order-of-magnitude size means we want to invest just enough time in the estimate that we believe in the accuracy of it for planning purposes.Oct 28, 2013

How do you explain estimate to a child?

Estimating means roughly calculating or judging a number or value. Children begin estimating in Reception: they might be given a group of objects and asked to guess how many there are. The idea is that they use their existing knowledge to make an educated assumption (often called a 'clever guess').

What is a best estimate?

Best estimate means the value derived by an evaluator using deterministic methods that best represents the expected outcome with no optimism or conservatism.

What are two ways to estimate?

There are different methods for estimation that are useful for different types of problems. The three most useful methods are the rounding, front-end and clustering methods.Apr 25, 2017

What does estimate mean in reading?

estimate, appraise, evaluate, value, rate, assess mean to judge something with respect to its worth or significance. estimate implies a judgment, considered or casual, that precedes or takes the place of actual measuring or counting or testing out.

What does it mean to estimate the difference?

How To Estimate Difference. ... You can estimate a difference by rounding each number, then finding a difference that is close to the exact difference.

How do you create an estimate?

  • Click on Sales in the menu at the left side of your screen. Click on Estimates. Click the Create an estimate button on the far right. Under Add an Estimate, you can change the title and then do the following: Select a Customer from the drop-down menu. You can also click Add new customer. Select a Currency from the drop-down menu.

How to use "exemplify" in a sentence?

  • The plays of Wilds exemplify the comedy of manners.
  • The recent oil price rises exemplify the difficulties which the motor industry is now facing.
  • All these possibilities exemplify the phenomenon of grammatical gender because items are classified according to their form.
  • Lyell’s system was,therefore,to exemplify an epistemological analogy.

image-What is an example of an estimate?
image-What is an example of an estimate?

What is the definition of Estimate in science?

  • to make an estimate. an approximate judgment or calculation, as of the value, amount, time, size, or weight of something.


What is rough estimate?

  • The purpose of a rough estimate is to give our client an approximation of cost within a range of required functionality. This document serves for information purposes only.


What is the definition of estimate for kids?What is the definition of estimate for kids?

Kids Definition of estimate (Entry 2 of 2) 1 : an opinion or judgment especially of the value or quality of something In my estimate, the product is poorly made. 2 : an approximation of the size or cost of something


What is the correct way to pronounce estimate?What is the correct way to pronounce estimate?

estimate. noun. es·​ti·​mate | \ ˈe-stə-mət. How to pronounce estimate (audio) \. Definition of estimate (Entry 2 of 2) 1 a : a rough or approximate calculation. b : a numerical value obtained from a statistical sample and assigned to a population parameter. 2 : a statement of the cost of work to be done.


Which is the best synonym for estimate?Which is the best synonym for estimate?

Choose the Right Synonym for estimate. Verb. estimate, appraise, evaluate, value, rate, assess mean to judge something with respect to its worth or significance.


Why do my estimates not converge to the actual values?Why do my estimates not converge to the actual values?

At the beginning of the experiments both estimates are the same but the difference (dashed line) increases over time. Since the reference input does not satisfy the persistent excitation condition, all estimates do not converge to their actual values but remain bounded as desired.

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