👉 Estating is a legal concept in which an individual or entity seeks to prove their rights, interests, or duties under a contract, statute, or other legal document. This involves presenting evidence that supports the claim and may involve additional steps such as preparing a written statement or conducting research. In the context of estatistics, estimating is used to determine the value of a thing based on its characteristics, using statistical methods. Estimating can be applied in various fields like finance, science, economics, etc