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It means to guess at something. An imprecise amount or measurement.
The difference between a measurement and an estimation is that a measurement is an exact data while an estimation is a guess as to what something may measure. For example, you can use a ruler to get the exact measurements of a piece of paper. However, if you don't have a ruler, you can make an educated guess as to what the paper's length and width measurements may be.
diferece between ratio and regression
When using front-end estimation, we add or subtract the front digits, and then adjust for a more accurate estimation by estimating the sum of the digits to the right of the decimal point.
Estimation