Application of interpolation and extrapolation, Mathematics

Assignment Help:

Application

Interpolation and extrapolation are widely used by businessmen, administrators, sociologists, economists and financial analysts. While interpolation helps in completing the incomplete, lost or destroyed records, extrapolation is helpful in those circumstances where forecasting and prediction are required. In financial analysis, the technique of interpolation is widely used to find Internal Rate of Return of a project, Yield to Maturity of a bond and in all investment decisions which require the use of the Present Value and Future Value Interest Factor tables.


Related Discussions:- Application of interpolation and extrapolation

Trignometry, Define the given satatement : 1.sin90-sin89=sin10 using pythag...

Define the given satatement : 1.sin90-sin89=sin10 using pythagoras theoram 2. How can any value of sin and cosis always given any value of cosec.

Estimating sums, round to the nearest ten to estimate , 422+296

round to the nearest ten to estimate , 422+296

Solid mensuration, The two sides of a triangle are 17 cm and 28 cm long, an...

The two sides of a triangle are 17 cm and 28 cm long, and the length of the median drawn to the third side is equal to 19.5 cm. Find the distance from an endpoint of this median to

Define regression, Define regression. The main reason of curve fitting ...

Define regression. The main reason of curve fitting is to estimate one of the variables (the dependent variable) from the other (the independent variable). The procedure of est

Find the area of triangle, Find the area of TRIANGLE ? To find the area...

Find the area of TRIANGLE ? To find the area of a triangle, multiply the base (b) by the height (h), and divide the resulting number in half. In other words, area is. It is

Types of infinity, TYPES OF INFINITY : Mostly the students have run across...

TYPES OF INFINITY : Mostly the students have run across infinity at several points in previous time to a calculus class. Though, when they have dealt along with this, this was jus

Determine the volume of the box, Safe deposit boxes are rented at the bank....

Safe deposit boxes are rented at the bank. The dimensions of a box are (22x5x5) in. Determine the volume of the box? a. 220 in 3 b. 550 in 3 c. 490 in 3 d. 360 in 3

Explain linear equations, Explain Linear Equations ? Set of ordered pai...

Explain Linear Equations ? Set of ordered pairs of numbers A set is an undefined term and we describe it as a "well defined" collection. We use the symbol "{ }" to denote "a se

Plane figures, what are the formulas for finding the area and volume of pla...

what are the formulas for finding the area and volume of plane figures

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd