Definition of estimate

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TeachMeFinance.com - explain estimate



estimate

The term 'estimate' as it applies to the area of basic math can be defined as 'an approximate and reasonable answer that is close to the exact answer without actually calculating the exact answer '.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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