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  2. Estimation, in statistics, any of numerous procedures used to calculate the value of some property of a population from observations of a sample drawn from the population. A point estimate, for example, is the single number most likely to express the value of the property.
    www.britannica.com/science/estimation
    Estimation is the process involved in systematically inferring the hidden or unobserved variable from a given information set using a mathematical mapping between the unkowns and the knowns as well as a criterion for estimation.
    kindsonthegenius.com/blog/theory-of-estimation-un…
     
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