We name the HL prediction formula "ACET" - Air Conduction Estimated from Tympanometry. We do not recommend replacing audiometry with tympanometry, particularly not at first assessment. However, where the diagnosis is, or likely from history to be, OME (even if fluid is absent on test day), the informativeness of further air-conduction audiometry on the same or later occasion may not always be worth the further effort or cost. It is therefore clinically useful to have a dB measure, from an evidence-based formula justifying a principled estimate. Non-clinical uses include imputation when research data are missing, and non-intensive applications where audiometry is impracticable, e.g. field clinics and large scale or longitudinal research. A companion paper shows how the part of the air-conduction HL variance that is not explicable by ACET, also offers a surrogate, but for bone-conduction HL (BC), where BC testing may be problematic, as in the very young. This surrogate can also define cases needing true BC testing.