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Extrapolation & Iterpolation

Extrapolation involves estimating a value by extending known data beyond its established range, while interpolation estimates a value within the bounds of two known values. Both methods are used for making predictions based on existing data. The document also references the Linear Regression method and a dataset titled 'Dependency Ratio/%' from 2011.

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2 views2 pages

Extrapolation & Iterpolation

Extrapolation involves estimating a value by extending known data beyond its established range, while interpolation estimates a value within the bounds of two known values. Both methods are used for making predictions based on existing data. The document also references the Linear Regression method and a dataset titled 'Dependency Ratio/%' from 2011.

Uploaded by

2025bpln016
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Extrapolation & Interpolation

Extrapolation - an estimation of a value based on


extending a known sequence of values or facts beyond
the area that is certainly known

Interpolation - an estimation of a value within two known


values in a sequence of values

By using Linear Regression method


1
Dependency Ratio/%
Dependent people [Link]

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