What does extrapolation mean?
nounThe act of estimating or calculating a value, quantity, or extent by extending or projecting known data or trends beyond the range of available information. Extrapolation involves making an educated guess or prediction based on patterns or trends.
Example
"The company used extrapolation to forecast future sales based on the current market trend."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.