Why are the estimates based on ET and MPH so different?

For mine the calc is as follows for a 5000 lbs.

ET 13.80 = 376 & 444 HP
MPH 103 = 426 & 503 HP

My guess is traction off the line accounts for the difference.

According to the calculators I would need to run a 13.24 to have the same HP as my MPH calculation suggests.