This is the 4544th most frequent German word.
raten
"Raten" means "to guess" or "to advise."
Here, 'raten' means 'to advise', showing use as a verb for giving advice.
Ich rate dir, früher ins Bett zu gehen.
I advise you to go to bed earlier.
'Raten' is used to ask for an opinion or advice about choosing something.
Kannst du mir raten, welche Farbe besser aussieht?
Can you advise me on which color looks better?
In this case, 'raten' takes the meaning of 'to guess', being used to speculate or estimate.