estimate based on vs estimate

Both phrases are correct, but they are used in different contexts. 'Estimate based on' is used when the estimate is derived from or influenced by something specific, while 'estimate' can stand alone as a general term for a rough calculation or assessment.

Last updated: March 15, 2024 • 774 views

This phrase is correct and commonly used in English.

"estimate based on"

This phrase is used when the estimate is derived from or influenced by specific information, data, or factors. It indicates the basis or source of the estimate.

Examples:

The cost estimate is based on the current market prices.
Her estimate based on the sales projections was quite accurate.
The timeline estimate is based on historical data.
The budget estimate is based on previous expenditures.
The population estimate is based on census data.

Show examples from the web [+]

It's hard to predict your annual income if you're unemployed. Still, it's important to make your best estimate based on all current or expected sources of income for ...
If you leave the Federal Tax Paid field blank, it will compute an estimate based on the Adjusted Gross Income. To specify zero tax paid, enter a '0' in the field ...
Estimate based on calculation of Benefit Assist users from tax year 2013 and published reports of average benefit and savings amounts from federal and state ...
Global air-sea flux of CO2: An estimate based on measurements of sea–air pCO2 difference. Taro Takahashi,* Richard A. Feely,† Ray F. Weiss,‡ Rik H.

Alternatives:

estimate derived from
estimate influenced by
estimate calculated from
estimate determined by
estimate informed by

This phrase is correct and commonly used in English.

"estimate"

This term can stand alone as a general expression for a rough calculation or assessment without specifying the basis or source of the estimate.

Examples:

The estimate for the project completion date is next month.
Can you provide an estimate for the total cost?
The engineer gave an estimate for the repairs needed.
We need an estimate of the number of attendees for planning purposes.
The estimate of the damage caused by the storm was significant.

Show examples from the web [+]

My low estimate is 400,000 casualties.
The low-ball estimate is 35 million.
Please visit our calculator for an immediate estimate.
Enter your destination to get a shipping estimate.
Third Faction's operation extended far beyond our original estimate.
One more than my first estimate.
A separate estimate for the owner-occupied residential buildings should be available.
Best estimate shall be disclosed gross of reinsurance.
That estimate also covers enlargement-related needs.
This is the estimate of your latitude.
We've upgraded our estimate of how many wounded there'll be.
That's an estimate, of course.
Then, maybe can just give me an approximate estimate.
I'll call the builder round on Monday and get an estimate.
Take the estimate of glomerular filtration rate, or GFR.
And the yellow line is the most optimistic estimate.
I'm pulling up a rough computer estimate of our projected casualties.
Said he wanted an estimate on a new house.
Fenton said my estimate was too high.
The estimate for transportation your husband from the station to the cemetery.

Alternatives:

rough calculation
approximation
assessment
prediction
projection

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estimate based on vs estimate