Answer:
We want to estimate:

We can rewrite this as:

And √2 is a notable value, we know that:
√2 ≈ 1.41
Then:

then:

is a really good estimation.
if instead:
"the square root of eight divided by two to the second power"
refers to:

is easier, we just can replace 2^2 = 4, then we get:

Is also a really good aproximation.