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Answer for the clue "A calculation that results in an estimate that is too low ", 15 letters:
underestimation

Alternative clues for the word underestimation

Word definitions for underestimation in dictionaries

Wiktionary Word definitions in Wiktionary
n. An underestimate

WordNet Word definitions in WordNet
n. an estimation that is too low; an estimate that is less than the true or actual value [syn: underestimate , underrating , underreckoning ]

Usage examples of underestimation.

Admiral Antonov and the Tabby were right about Theban underestimation of dieir capabilities.

He has a twenty-eight-year pattern of aggression, violence, miscalculation, and purposeful underestimation of the consequences of his actions that should give real pause to anyone considering whether to allow him to acquire nuclear weapons.