ESTIMATION Estimation comes in two forms. In both cases you are estimating to see if your answer is a sensible one. Estimating a quantity Some times you need to roughly guess, or estimate, the size of a quantity, be it in kilograms, litres or metres. For example: The weight of a new born baby The fuel consumption of a car The capacity of a bucket The diameter of a car tyre The width of a road When estimating such quantities it is advisable to use a comparison with something that you are familiar with. For example: The height of a door - use the height of a man and add enough to give plenty headroom. The capacity of a bucket - how many litre bottles of Coke could you put in it? The weight of a new born baby – what comparison is there with a kilogram of apples or some other item that you buy regularly? Estimation for a calculation When performing a calculation, you need to be able to estimate the expected answer. When going shopping you might want to work out if you have enough money to pay for the items you wish to purchase. When doing a calculation you need to be sure that your answer is of the right size. Even if you use a calculator you might strike a wrong key and multiply instead of divide. When estimating in this way you need to simplify the calculation to make it easier to work out. You need to round the figures in the calculation to simpler numbers that you can work with easily. Namely you round the numbers in the calculation. 1 Updated Feb 2013 When you round a number, you round down if the following number is between 1 and 4, and round up if the following number is between 5 and 9. For example: 2456 would be 2500 to the nearest hundred 2456 is nearer to 2500 than to 2400 2456 would be 2000 to the nearest thousand 2456 is nearer to 2000 than to 3000 49.5 would be 50 to the nearest ten 49.5 is nearer to 50 than to 40 0.045 would be 0.05 to the nearest hundredth The following are examples of estimates of calculations made easier by rounding the numbers. 57 $18.99 simplify to 60 $20 $1200 $4.50 + $ 27.90 + $52.10 + $199.99 + $31.25 simplify to $5 + $30 + $50 + $200 + $30 $315 28.6 99.1 4.7 30 100 5 3 532.1 8.9 500 10 (actual answer is 2.81) This gives an idea of the relative size of answer to expect. If you were asked in a multiple choice question which of the following gives the closest answer: ( 0.03, 0.3, 3, 30, 300, 3000) you would know to choose 3. 2 Updated Feb 2013 Estimation Exercises 1. For the following, estimate the answer then find the exact answer: a) The price of a used car on hire purchase is $6864 including interest. If the repayments are $33 per week, how many weeks would it take to pay the car off? b) A stereo can be bought on hire purchase for $8 per week over 3 years. What will be the total cost? c) If Tom earns $ 595 per week, how much does he earn per year? d) A car's petrol consumption averages 12 litres per 100 km. i) How many litres would be used to travel 700 km? ii) If petrol costs 101 cents per litre, what is the total cost of the petrol? e) A human heart beats on average 70 times per minute. i) How many times does it beat per day? ii) How many times does it beat per year? f) A landlord receives $95 680 per year rent for a block of flats. There are 8 flats in the block, how much is the weekly rent for each flat? g) Paul has two part time jobs. Job One pays him $12 per hour for 16 hours per week. Job Two pays him $15 per hour for 24 hours per week. What is his total income per week? h) If there are 350 people in a theatre and each person paid $18 for a ticket, how much money was collected in total? i) What is the yearly wage bill for a company with 39 employees, earning an average of $22 500 per annum? j) On average, each day 285 000 copies of a particular newspaper are sold. i) How many papers is this per week? ii) How many per year? k) The area of Australia is 7 682 000 square kilometres. The area of the United Kingdom is 244 000 square kilometres. How many times greater is Australia than the United Kingdom? 3 Updated Feb 2013 2. For the following, choose the value closest to the solution of the calculation: a) 19.4 4.3 b) 4.68 29.4 50.3 c) 65.3 9.99 79.5 (0.01 d) 0.53 124 415 e) (0.8 8 80 800) 7500 75 000) 0.1 1 10) (0.01 0.1 10 100) 754 2.75 34.3 (0.5 5 50 500) f) 2.346 19.35 723 (0.05 0.5 5 50) g) 49.4 24.5 6.81 4.7 ( 0.3 10 40 300) h) 28.3 720.1 89.33 61.4 (0.4 4 40 400) i) 793.1 495.3 98.6 4.2 (1 100 1000 10 000) j) 192.5 63.2 5940.2 22.1 (0.009 0.09 k) 29.2 7.7 0.029 0.42 (2 (75 750 200 2000 4 Updated Feb 2013 0.9 9 20 000 90) 200 000) Estimation exercises solutions 1. a) 7000 30 200 208 weeks b) 10 3 50 = $1500 c) $1248 600 50 = $30 000 $30 940 7 10 = 70 84 litres d) i) ii) 100 80 = 8000 cents = $80 $84.84 i) 70 60 20 = 84 000 100 800 times ii) 80 000 400 = 32 000 000 36 792 000 times f) 100 000 10 50 = $200 $230 g) (10 20) + (20 20) = 600 $552 e) h) 400 20 = 8000 $6300 i) 40 20 000 = $800 000 $877 500 j) i) 300 000 7 = 2 100 000 1 995 000 ii) 300 000 400 = 120 000 000 104 025 000 8 000 000 200 000 = 40 31.5 times k) 2. a) 80 b) 7500 c) 10 d) 0.1 e) 50 f) 0.05 g) 40 h) 4 i) 1000 j) 0.09 k) 20 000 5 Updated Feb 2013
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