👉 Guesstimates, also known as "estimates," are a method of estimating the value or outcome of an uncertain event. They involve making guesses about what might happen based on past experiences and observations, and then applying these predictions to predict how different outcomes would be likely. Guesstimates are often used in statistical analysis, where they can help researchers make informed decisions by providing a range of possible outcomes for an event. However, guesstimates should be approached with caution as they may
