These are weights in ideal conditions of course; they are not exact but they get you in the ballpark. There are other factors that this does not take into account: The content of the fish's stomach for example. A pike may have eaten a 1 lb. baitfish but then be estimated at 5 lbs but really be 6 lbs.
But what I do like about these are not the fact the weight the give you (scales do that much better), but help fisherman realize it is usually the girth that helps fish weigh alot, not necessairly length.