estimating

Verb

estimate (third-person singular simple present estimates, present participle estimating, simple past and past participle estimated)

1. To calculate roughly, often from imperfect data.
   • I estimate that I need 400 board feet of lumber to complete a job, and then order 350 because I do not want a surplus, or perhaps order 450 because I do not want to make any subsequent orders.1965, Ian Hacking, Logic of Statistical Inference
2. To judge and form an opinion of the value of, from imperfect data.
   • It is by the weight of silver, and not the name of the piece, that men estimate commodities and exchange them.1691, [John Locke], Some Considerations of the Consequences of the Lowering of Interest, and Raising the Value of Money. […], London: […] Awnsham and John Churchill, […], published 1692, →OCLC

See all 6 meanings of estimate