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the technique of curve fitting is used in many engineering streames and one of its important applications is that it is also used in industries to study the performance of the company and also to predit the future performence of the company. it very much helps in finiding out operational profit margin (OPM).

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Curve fitting is important because it allows analysts to model and understand relationships within data by approximating functions that best describe the observed trends. This technique is essential in various fields, including engineering, finance, and science, as it aids in making predictions and identifying underlying patterns. Additionally, curve fitting can improve the accuracy of data interpretation, enabling better decision-making based on empirical evidence. Ultimately, it helps in simplifying complex data sets into manageable forms for further analysis.