Question.3096 - Discussion Title: Correlation and Regression The lecture described the difference between interpretation and extrapolation. Explain, in your own words, this difference and provide a real-life example of this difference.
Answer Below:
Interpolation xx Extrapolation xxxxxxxxxxxxx considers xxx range xx the xxxxxxxxxxx variables xxxxxx the xxxxx values xxxxxxx interpolation xxxxxxxxx a xxxxxxxx range xxx independent xxxxxxxxx i x within xxx largest xxx the xxxxxxxx value xxxxxxxxxxxxx helps xx predict xx find xxxxxx within xxx relevant xxxxx whereas xxxxxxxxxxxxx can xxxx in xxxxxxx values xxxxxxx the xxxxx too xx real xxxx examples xx is xxxx for xxxxxxxxxx population xxxxxx a xxxxx time xxxxx interpolation xx predicts xxxxxx estimates xx extrapolation xxxxxxxxx we xxxx to xxxxxx data xx cover xxxxxx in xxxxx no xxxx were xxxxxxxx For xxxxxxx we xxx to xxxxxxx what xxx population xxxx be xx ten xxxxx and xxx we xxxx available xx information xxxxx how xxxxxxxxxx has xxxxx in xxx past xxx years xx have xx extrapolate xxx information xxxx the xxxxxx But xx find xxx population xx any xxxxxxxxxx time xx last xxxxx we xxxx have xx use xxxxxxxxxxxxxMore Articles From Statistics
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