The phrase "formula for estimating" is correct and usable in written English.
You can use it when discussing methods or calculations used to make predictions or assessments.
Example: "The formula for estimating the project's budget includes labor costs, materials, and overhead."
Alternatives: "method for calculating" or "approach to estimating".
In " CRD estimation formula" subsection we derived a formula for estimating the CRD of the components that arrive in the groups without one.
This US Department of Energy webpage has a handy formula for estimating the energy use of various household appliances, including the iron.
Joseph is the kind of guy who wears "Dolbear's formula (for estimating air temperature by the frequency of insect stridulations)" on his T-shirt; Celice is plain, loud, outgoing, disrespectful and flirtatious.
The figures, which have since been given wide circulation, were based on calculations made by Sir Brian Jarman, the inventor of a formula for estimating excess deaths in hospitals, called the HSMR (hospital standardised mortality ratio).
In a class that Altman taught at Stanford in 2014, he remarked that the formula for estimating a startup's chance of success is "something like Idea times Product times Execution times Team times Luck, where Luck is a random number between zero and ten thousand".
We then adopted a formula for estimating the pay of the CEO.
Kidney function was estimated using the CKD-EPI formula for estimated Glomerular Filtration Rate (eGFR).
The new CKD-EPI formula for estimated glomerular filtration rates estimates renal function better than the Modification of Diet in Renal Disease formula in current use.
To evaluate the effects of introducing the Chronic Kidney Disease-Epidemiology Collaboration (CKD-EPI) formula for estimated glomerular filtration rate (eGFR) reporting in the adult population in routine clinical practice with clinician-directed testing.
