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Discover LudwigThe phrase "average estimate" is correct and usable in written English.
It can be used when referring to a calculated or assessed value that represents a typical or mean value based on a set of data or observations.
Example: "After analyzing the data from the survey, we arrived at an average estimate of the project's costs."
Alternatives: "mean estimate" or "typical estimate".
Exact(52)
Analysts' average estimate was 38 cents.
First Call's average estimate was $1.45.
Revenue exceeded the $339.1 million average estimate.
That beat the average estimate of $2.00 a share.
Twenty-one analysts' average estimate was 73 cents.
The average estimate is $2.14, according to First Call.
Excluding a tax benefit, that matched the analysts' average estimate.
The results missed the analysts' average estimate of $4.25 billion.
Earlier, the average estimate of analysts was $7.11 a share.
The average estimate of analysts was 27 cents a share.
That beat the average estimate of $1.06 a share.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com