WHAT IS A ESTIMATE?

An estimate in math is a logical guess at an answer.

Check this site for more details.

http://www.aaaknow.com/est.htm

my answer is i got mode,median and range and im kind of lost.

hey this is crystal and im kind of stuck between mode,median and range can u help me

Crystal, please click Post a New Question and ask your question there. Also, please be clear about what you want to know about mode, median, and range.

An estimate is an approximate calculation or assessment of something, usually referring to a quantity or value. It is used when an exact measurement is not available or when you need a rough idea or prediction.

To obtain an estimate, you typically use available information, past data, or educated guesses to approximate the desired quantity or value. Estimation involves analyzing the available information and making logical deductions or assumptions to come up with a reasonably accurate approximation.

There are various methods and techniques for estimation, depending on the context and the information you have. Some common approaches include:

1. Expert Opinion: Seeking input from experts or experienced individuals in the field who can provide their informed judgment or estimation based on their knowledge and expertise.

2. Historical Data Analysis: Examining past data or trends to identify patterns and make projections or estimates for the current or future situation.

3. Comparison: Drawing comparisons between similar or related objects or situations to derive an estimate. For example, if you want to estimate the cost of renovating your house, you might compare it with similar houses that have undergone renovations recently.

4. Sampling: Taking a representative sample or subset of a population or data set and using the characteristics of that sample to estimate the whole. This is commonly used in statistical analysis.

5. Mathematical Modeling: Using mathematical formulas, algorithms, or statistical techniques to calculate an estimate based on known variables or assumptions.

Remember, an estimate is not an exact measurement, but rather a close approximation based on the available information and methodology used for estimation.