To estimate 0.95% of 700, we first convert the percentage into decimal form. This is done by dividing 0.95 by 100, which gives us 0.0095. Next, we multiply this decimal by 700 to find the estimated value. The calculation is as follows: 0.0095 * 700 = 6.65. Therefore, the estimated value of 0.95% of 700 is 6.65. This process illustrates how to convert a percentage to a decimal and then use it to find a portion of a number.