Estimatedly is an adverb that describes an action or state performed or existing based on an educated guess or approximation, rather than precise calculation or measurement. It suggests a degree of uncertainty, acknowledging that the value or quantity is not definitively known but is the best available assessment. This word implies a reliance on available data, informed judgment, and often, statistical analysis to arrive at a plausible figure. It's frequently used when discussing finances, quantities, or other values where exact figures are impractical or impossible to ascertain immediately.
Estimatedly meaning with examples
- The construction project, estimatedly costing $2 million, was delayed by unexpected material price increases. Contractors had initially miscalculated. The final expenditure significantly overran the first estimate, resulting in delays to finishing the build. They should have accounted for inflation.
- The population of the city, estimatedly around 500,000 residents, grew rapidly last year due to many factors like the opening of new businesses. Authorities use these projections when planning essential services. Accurate figures are difficult, but this gives a decent approximation for planning.
- The sales team believed that estimatedly, 10,000 units could be sold in the first quarter; in reality, demand was much lower. Marketing research had not accounted for emerging competitors. This resulted in stock overproduction. The overestimation led to problems.
- The archeologists estimatedly discovered a civilization site, dating it back nearly 2000 years. This was concluded after analyzing pottery fragments, which, with further study, showed signs of the civilization, indicating that the culture was present from the era of the early empire.