extrapolation

Definitions

Economics

  • noun the extending of a trend beyond the timescale or quantities of the data on which the trend is based

Electronics

  • A technique for obtaining an approximation of an unknown value, based on values already known. May be used, for instance, to estimate the value of a variable which is outside of, or between known ranges.

Marketing

  • noun a forecasting technique which involves projecting past trends into the future
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