estimate definition, estimate meaning | English dictionary

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estimate

  

      vb  
1    to form an approximate idea of (distance, size, cost, etc.); calculate roughly; gauge  
2    tr; may take a clause as object   to form an opinion about; judge  
to estimate one's chances     
3    to submit (an approximate price) for (a job) to a prospective client  
4    tr     (Statistics)   to assign a value (a point estimate) or range of values (an interval estimate) to a parameter of a population on the basis of sampling statistics  
   See       estimator  
      n  
5    an approximate calculation  
6    a statement indicating the likely charge for or cost of certain work  
7    a judgment; appraisal; opinion  
     (C16: from Latin aestimare to assess the worth of, of obscure origin)  
  estimative      adj  


interval estimate  
      n     (Statistics)   an interval within which the true value of a parameter of a population is stated to lie with a predetermined probability on the basis of sampling statistics  
   Compare       point estimate  
point estimate  
      n     (Statistics)   a specific value assigned to a parameter of a population on the basis of sampling statistics  
   Compare       interval estimate  
English Collins Dictionary - English Definition & Thesaurus  
Collins

estimate

  

      vb  
1    appraise, assess, calculate roughly, evaluate, gauge, guess, judge, number, reckon, value  
2    assess, believe, conjecture, consider, form an opinion, guess, judge, rank, rate, reckon, surmise, think  
      n  
3    appraisal, appraisement, approximate calculation, assessment, ballpark estimate     (informal)   ballpark figure     (informal)   evaluation, guess, guesstimate     (informal)   judgment, reckoning, valuation  
4    appraisal, appraisement, assessment, belief, conjecture, educated guess, estimation, judgment, opinion, surmise, thought(s)  

English Collins Dictionary - English synonyms & Thesaurus  

estimate v.
to try to judge something without calculating
Sentence: I always try estimating how much I will spend before going shopping.

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