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Extrapolation vs Forecasting - What's the difference?

extrapolation | forecasting |

As nouns the difference between extrapolation and forecasting

is that extrapolation is a calculation of an estimate of the value of some function outside the range of known values while forecasting is a forecast or prediction.

As a verb forecasting is

present participle of lang=en.

extrapolation

English

(wikipedia extrapolation)

Noun

(en noun)
  • (mathematics) A calculation of an estimate of the value of some function outside the range of known values.
  • An inference about some hypothetical situation based on known facts.

    • Related terms

    * interpolation ----

    forecasting

    English

    Verb

    (head)

    • Noun

    (en noun)
  • A forecast or prediction.
  • * 1852 , The Dublin University Magazine (page 66)
    • There were sneers, and scoffs, and inuendoes of some; prophecies of failure in a hundred ways; forecastings of non-completion, forecastings of swift dissolution and crashing ruin