a) An estimation made without good justification and often biased.
b) Estimation based on guesses, usually for expedience or because no better method is available.
See Also: guesstimate

Wikipedia foundation.

Look at other dictionaries:

  • Guesstimate — is a portmanteau of the words guess and estimate , first used by American statisticians in 1934 [ [ guess ] Online Etymological Dictionary] or 1935. [ …   Wikipedia

  • Nick Knowles — Nick at the premiere of Run Fat Boy Run in Leicester Square, London. Image David Johnson Born Nicholas Simon Augustine Knowles 21 September 1962 (1962 09 21) (age 49) …   Wikipedia

  • Group intelligence — refers to a process by which large numbers of people simultaneously converge upon the same point(s) of knowledge. Social psychologists study group intelligence and related topics such as decentralized decision making and group wisdom, using… …   Wikipedia

  • National Lottery (United Kingdom) — The National Lottery Region United Kingdom and Isle of Man Launched 1994 Operator Camelot Group …   Wikipedia

  • Orders of magnitude (force) — The following list shows different orders of magnitude of force. Since weight under gravity is a force, several of these examples refer to the weight of various objects. Unless otherwise stated, these are weights under average Earth gravity at… …   Wikipedia

  • computation — [n] performing arithmetic calculation, ciphering, computing, counting, data processing, estimating, estimation, figuring, gauge, guess, reckoning, summing, totalling; concept 764 Ant. conjecture, guesstimation …   New thesaurus

  • evaluation — [n] judgment appraisal, appraisement, assessment, calculation, decision, estimate, estimation, guesstimation*, interpretation, opinion, rating, stock, take, valuation; concepts 24,103,689 …   New thesaurus

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.