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Extrapolating is the process whereby you take your model built on an observed dataset and apply it to non-observed data (e.g. for estimating future outcomes).
For example, you might have modeled a relationship between historical sales and growth in workforce. You could then extrapolate this model to predict what your future sales might be with a theoretical increase in workforce.
Wiki User
∙ 16y ago
Wiki User
∙ 15y agoThe requested x-value lies outside the range of x-values already on the graph. Extrapolation works best with linear graphs.
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How many rice grains are there approximately in one Kg of rice?
Extrapolating from the answer to how may grains in a pound of rice, 29,000, (elsewhere in Answers.com) we get something like 64,000 grains in a kilogram (@ 2.2 lbs / kg). This could vary based on the kind of rice.
Is a parabola a line?
By the geometric definition of a line, it is represented by two points, and all points on the line are collinear, between or extrapolating to infinity from the straight line made by the two points. In other words, a line is straight, and can be represented by a binomial function (example: y=2x+1). A parabola is a function, but cannot be described mathematically as a line.
How do you determine if one fraction is greater than or less than or equal to another fraction?
by finding their common denominator, then extrapolating and comparing their numerators. A simpler method (sometimes) is to cross-multiply. The relative sizes of a/b and c/d are the same as those of aXd and bXc. Thus 3/8 is greater that 1/3 (because 9 is greater than 8, 5/16 is greater than 4/13 becuse 65 is greater than 64, 3/4 and 6/8 are equal since the cross products are both 24.
If the size of a sample equals to the size of the population?
Sample is subset of the population so sample size and population size is different.However, as a subset can be the whole set, if the sample size equals the population size, you have sampled the entire population and you will be 100% accurate with your results; it may cost much more than surveying a [representative] sample, but you get the satisfaction of knowing for what you surveyed the population exactly.Using a sample is a trade off between the cost of surveying the whole population and accuracy of the result.A census is a survey of the whole population and could be considered that the sample size = population size; in this case the results are 100% accurate.The television viewing figures are calculated using a sample of the whole population and then extrapolating them to the whole population; depending upon how the same was chosen, including its size, will affect the accuracy of the results - most likely not more than 95% accurate.With a carefully selected (that is properly biased) sample you can prove almost anything!
In which ways is math used in accounting?
Accounting deals with Math all time. Primarily only addition, substraction, multiplication, and division is used in accounting as follows: Addition: Summing accounts for inclusion in financial statements (i.e. many different cash accounts are summed to equal "cash" in balance sheet), adding items in inventory to determine accurate counts, adding all outstanding checks (written but not cashed) to reconcile a bank statement, etc. Subtraction: Determine net income and various margins by substracting expenses from revenues, calculating variances between actuals and budgets. Multiplication: Tax rates (e.g. FICA, FUTA, etc) by gross pay to calculated and remit correct taxes, extrapolating period results (i.e. 6 months sales x 2) to estimate annualized results, calculating present value of cash flows using given factors, calculate sales tax on sales, etc. Division: Calculate various ratios such as asset turnover, operating margins, etc. Addition and subtraction is used most often and today is nearly 100% automated with computerized applications. Multiplication and Division is used "primarily" for analysis of financial results (with some exceptions noted above). Response provided by CPA/CMA and math minor on 7/13/08.
When we use a least-squares line to predict y values for x values beyond the range of x values found in the data are we extrapolating or interpolating?
If you're estimating a point OUTSIDE the data range, it's extrapolating. If you're estimating a point WITHIN the data range, it's interpolating.
Extrapolating from general premises to specific results is a kind of logic called?
Deductive reasoning
What has the author A SOUTH written?
A. SOUTH has written: 'EXTRAPOLATING FROM INDIVIDUAL MOVEMENT BEHAVIOR TO POPULATION SPACING PATTERNS IN A RANGING MAMMAL'
How do you convert 40 yard dash times into 60 yard dash times?
You can't. It would be like extrapolating a marathon time from a mile time.
How is absolute zero originally determined?
The volume of gases decreases with temperature; extrapolating the volume/temperature relationship, it looked as if all gases would reach a volume of zero at approximately the same temperature, about minus 273 degrees centigrade.
How much time has passed if carbon -14 has a half life of 5730 years and 2 half lives have passed?
By observing how much decays in a few days, or in a year, and extrapolating.
What are trim 80 tablets for?
Extrapolating from the name, I presume this is an 80mg formulation of a trimethiprim-potentiated sulfa drug. This class of drug consists of antibiotics used to treat routine bacterial infections.
What is the OmniForm software used for?
The Omniform software is used for extrapolating the data exported from a data drive. The purpose of this software is to fragment the data in a way that is presentable to another programmer to continue working off of.
What is the difference between standard normal distribution table and the t distribution table?
standard normal is for a lot of data, a t distribution is more appropriate for smaller samples, extrapolating to a larger set.
How many square feet is Madison Square Garden?
Extrapolating from the NYC Comptrollers Office report that the volume of Madison Square Garden is 400,000 cubic yards.
How many rice grains are there approximately in one Kg of rice?
Extrapolating from the answer to how may grains in a pound of rice, 29,000, (elsewhere in Answers.com) we get something like 64,000 grains in a kilogram (@ 2.2 lbs / kg). This could vary based on the kind of rice.
How to write a problem statement for a science fair project?
Make the title of your project BOLD, then decide on a question that makes sense and is relevant to your project. Type it below. You can lengthen the PROBLEM STATEMENT by explaining your project into detail and extrapolating on important points. Hope this helps!!
