3.5Estimation in Real-World Contexts
Round every figure to 1 s.f., compute in your head, and you have a check on any calculator answer.
Estimation of computations
Estimating a restaurant bill
Three friends order meals costing , and . Estimate the total bill before GST.
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Estimating a complex expression
Without a calculator, estimate .
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Now you try
Estimate by rounding each number to 1 significant figure.
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Real-world estimation
The same move covers currency, value for money, and scaling from a sample.
Currency estimation on holiday
A jacket in Tokyo costs 8900 yen. The exchange rate is 1 yen = S$0.0087. Estimate the price in Singapore dollars.
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Now you try
A leather bag costs Rp 700 000. The conversion rate is Rp 1000 = S$0.09. Without using a calculator, estimate the price in S$.
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Sample-based estimation
Count a small sample, then scale up: multiply by however many times the sample fits into the whole.