To approximated means to estimate or calculate a value that is close to the true value but not necessarily exact.
This can involve simplifying complex data or using estimation techniques to arrive at a reasonable result.
It often implies making assumptions or rounding numbers to facilitate calculation or analysis. The degree of accuracy depends on the context and the method employed. Approximations are frequently used when dealing with limited information, large datasets, or when precise calculations are impractical or unnecessary.
The goal is often to provide a useful and informative answer without excessive computational effort. They also help in getting a quick, or initial idea about a number. .
ESTIMATED