What Is Extrapolation? (Definition, Benefits, How to Use) | Built In
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What Is Extrapolation? (Definition, Benefits, How to Use) | Built In
Extrapolation is a statistical technique used in data science to estimate values of data points beyond the known data set.
10 months ago
Extrapolation Examples
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🔸Ministry of Statistics & Programme Implementation is updating India’s #GDP base year to 2022–23, incorporating new data sources such as #GST, MGT data from MCA, and surveys like HCES, ASUSE & PLFS 🔸MoSPI is refining estimates using double deflation, single extrapolation and the use of deflators at the granular level. The revised GDP series will be released on 27 February 2026 🎥Watch Ministry of Statistics and Programme Implementation | Press Information Bureau - PIB, Government of India
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