based on actuals

USAGE SUMMARY

"based on actuals" is a correct and usable phrase in written English.
You can use it when discussing an estimate or prediction that is based on actual, real-world data. For example, "We estimated that the project will take five months to complete, based on actuals from previous projects of similar size and scope."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Their knowledge was not theoretical but based on actual experience, and one that raised strong emotions.

Global Health Action

"Until then, no one thought Homer was based on actual history," German says.

Columbia University

For one thing, reality, of course, is based on actual fact, while imagined facts are not.

Forbes

Each character, illustration and setting was based on actual photographs and places (except for one!).

Huffington Post

(It's based on actual events).

The New York Times

The currency fixes are based on actual trades.

The Guardian - Business

We present several performance plots based on actual Hectospec data.

Harvard University

It is billed as being based on actual events.

The New York Times

(Some landlords then charge tenants based on actual consumption).

The New York Times

The study uses simulations based on actual occupancy data.

Energy and Buildings

In marking to market, traders value their positions based on actual market prices.

The New York Times

Expert writing Tips

Best practice

When using "based on actuals", ensure that you have clear and verifiable data sources to support your claims. Specify the timeframe or context of the actuals to provide clarity.

Common error

Avoid making broad generalizations or predictions based on a small or unrepresentative sample of "actuals". Always consider the potential for outliers or biases in the data.

Linguistic Context

The phrase "based on actuals" functions as a prepositional phrase, modifying a noun or noun phrase. It indicates that something is determined or calculated using real, historical data rather than estimates or projections. Ludwig AI confirms this usage pattern.

Expression frequency: Missing

Frequent in

Formal & Business

33%

News & Media

33%

Science

33%

Less common in

Encyclopedias

0%

Wiki

0%

Social Media

0%

Ludwig's WRAP-UP

In summary, the phrase "based on actuals" signifies that something is derived from real, historical data. Although Ludwig AI defines it as grammatically correct, its frequency is limited across varied contexts, with prevalence in professional and news domains. Alternatives such as "derived from real data" or "grounded in factual information" can be used depending on the context. When employing this phrase, ensure the "actuals" are clearly defined and representative to prevent misinterpretations or flawed conclusions.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

derived from real data

Emphasizes the origin of information from authentic data points.

grounded in factual information

Highlights the reliance on established facts as a foundation.

based on empirical evidence

Focuses on evidence obtained through observation or experimentation.

informed by real-world results

Stresses the influence of practical outcomes on decisions or conclusions.

calculated from observed figures

Highlights the mathematical aspect of deriving information from real numbers.

rooted in verifiable information

Stresses that the origin is in something that can be checked or demonstrated to be true.

drawn from historical performance

Focuses on past results as the basis for current analysis.

supported by concrete data

Highlights the use of tangible and specific data to justify a claim.

validated by real transactions

Indicates confirmation of something's accuracy or truth through real, completed activities.

stemming from actual outcomes

Highlights that the end result is a direct effect or consequence of real events.

FAQs

How can I use "based on actuals" in a sentence?

You can use "based on actuals" to describe a calculation, projection, or decision that relies on real, historical data. For example, "The budget forecast is "based on actual sales figures" from the past year."

What does "based on actuals" mean?

"Based on actuals" means that something is calculated or determined using real, historical data rather than estimates or projections. It implies a degree of certainty and verifiability.

What is a good alternative to "based on actuals"?

Alternatives include phrases like "derived from real data", "grounded in factual information", or "based on empirical evidence", depending on the specific context.

Is it better to use projections or base decisions "based on actuals"?

Using "based on actuals" generally provides a more reliable foundation for decision-making, as it relies on verifiable data. Projections can be useful for forecasting, but should be used with caution and compared against "actuals" whenever possible.