Eastimate किसे कहते हैं ? Whats does Estimate mean? How do you calculate an estimate ?

Eastimate किसे कहते हैं ? Whats does Estimate mean? How do you calculate an estimate ?

#ESTIMATE
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VIDEO HIGHLIGHTS 👍

1a : 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. 3 : an opinion or judgment of the nature, character, or quality of a person or thing had a high estimate of his abilities.

The definition of an estimate is an opinion or a guess of the size, worth or cost of something. An example of an estimate is a list of times and charges that it may cost to complete a construction job.

In maths, estimation means having a rough calculation of the value, number, quantity, or extent of something. We use estimates of numbers to make it easier and quicker to do mental calculations when we are happy to accept an answer which is very close to the actual answer.

What does estimate mean Example?
The definition of an estimate is an opinion or a guess of the size, worth or cost of something. An example of an estimate is a list of times and charges that it may cost to complete a construction job.

What is a detailed estimate?
A detailed estimate is prepared after its complete set of drawings are ready. The quantities of various items of work are worked out from such drawings and are multiplied by the present rates of items of works to arrive at the estimated cost of the work.