👉 Misestimation is a concept in mathematics and statistics that refers to an incorrect or inaccurate estimate of something. It occurs when individuals make an assumption about what another person, situation, or object might have been like based on their own observations or experiences rather than relying solely on objective data and evidence. Misestimations can be due to a variety of factors such as personal biases, cultural or societal norms, or the lack of accurate measurement tools. Misestimation is often used in fields such as psychology,
