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Extrapolation

/ɪkˌstræpəˈleɪʃən/noun / verb
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Extrapolation is the technique of estimating or projecting unknown values or trends beyond the range of available data by extending established patterns. It's a cornerstone in fields like statistics and forecasting, allowing predictions of future events, but it can lead to inaccuracies if underlying assumptions don't hold in new contexts.

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