Theory
Estimation means finding an approximate answer, not an exact answer.
The purpose is to check whether a calculator answer or written calculation is sensible.
Round each number to something easy to calculate mentally. Often this means 1 significant figure, but choose numbers that make the calculation simple.
For multiplication and division, choose numbers that are easy to multiply or divide.
An estimate does not have to be exact, but it should be close enough to show the size of the answer.
If the exam says estimate, show the rounded numbers first. This is where method marks usually come from.