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Some, such as rising sea levels or nuclear weapons gone rogue, have few historical precedents on which to base estimates.
Nobody suggests that this approach is realistic, but it complies with the Congressional Budget Office's legal requirement to base estimates only on existing laws.
British analysts base estimates on earnings before taxes; by that measure, Pearson reported a loss of £233 million, more than expected.
Previous estimates of WTP reported materially and significantly different WTP levels across locations (even within one state), making it necessity to base estimates on household surveys.
Columns 1 and 2 provide the base estimates, examining the impact of remittances not controlling for school quality for OLS and IV specifications.
Points raised include which data sets to use, whether to base estimates on numbers of advertised vacancies or of actual hires, the tendency to conflate guest workers with immigrants and market wage with prevailing wage, and whether recession years are appropriate baselines for normal employment levels.
We had no ancestral node on which to base estimates of the most basal clade.
47 In this study, we base estimates of pretax and post-tax diets on the mean population diet.
Finally, the results of probabilistic sensitivity analyses were used to express the parameter uncertainty surrounding the base estimates of cost-effectiveness.
In genetic counselling it is important to have an accurate genetic model on which to base estimates of mutation carrier probabilities and cancer risks.
Firstly, there was limited local data upon which to base estimates and thus assumptions based on international sources and clinician focus group discussion were necessary.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com