Actually my best batch so far was 0.037 gal/lb, i.e.0.26 gals loss for 7 lbs of grains (the 0.035 was an extrapolation on my graph for a 10 lb grain bill). The two prior batches were 0.040 and 0.038 gals/lb.
I calibrated my 8 gallon brew kettle by weighing one gallon increments of room temperature water into it (8 lbs, 5.25 oz per gallon @ 70°F) up to 5 gallons, and carefully measuring the depth for each gallon increment. With care, practice, and a flashlight I can read the water level to the nearest 1/32nd of an inch on my stainless steel ruler, which for this kettle equals 0.02 gal. The average of the depth changes for the last four increments gives me a factor for the kettle. (The first depth at one gallon is disregarded since there is a slight curve at the bottom of the otherwise straight wall kettle). I have been doing this kind of calibration for many years for my tomato canning and it is accurate.
After squeezing my grains and combining the wort, I stir well and then measure the temperature and wort depth. The depth gives me the gallons of wort at the hot temperature per the calibration above.
I then adjust this volume to 70°F (same as the original strike volume) by multiplying the hot volume by the ratio of water density @ wort temperature over the water density at 70°F. Since the strike water volume is measured by the same method, the difference is what matters as opposed to the absolute volume.
Assuming each reading could be off by +- 0.02 gallons, the difference of the two readings could be off by 0.04 gallons, so my 0.037 reading could have been as high as 0.042, but still a far cry from 0.08 or 0.12.
Yes I know I am anal, but when you stand on a bag the grains come out pretty dry.
TomVA