GUESSTIMATE

Guesstimate

Guesstimate is an informal English portmanteau of guess and estimate, first used by American statisticians in 1934 or 1935. It is defined as an estimate made without using adequate or complete information, or, more strongly, as an estimate arrived at by guesswork or conjecture. Like the words estimate and guess, guesstimate may be used as a verb or a noun . A guesstimate may be a first rough approximation pending a more accurate estimate, or it may be an educated guess at something for which no better information will become available.

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guesstimate

Noun

  1. An estimate that is hardly any better than a guess, often because it is based on insufficient or unreliable data.

Verb

  1. To make a guesstimate.
  2. To make a guesstimate of a specific quantity.


The above text is a snippet from Wiktionary: guesstimate
and as such is available under the Creative Commons Attribution/Share-Alike License.

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