Estimation

Estimation in general knowledge refers to the process of forming an approximate idea or calculation about a quantity or value when exact data is unavailable. This involves using available information, experience, and logic to make informed guesses or assumptions. For instance, if you want to estimate the time it takes to travel a certain distance, you might consider speed limits and traffic conditions. Estimation is valuable in everyday decision-making, helping us make reasonable conclusions without needing precise figures. It enhances our ability to navigate uncertainties in various situations effectively.