The process of estimating unknown values by extending or projecting from known data, often beyond the range of observed information

Latin extra (beyond) + polire (to polish, smooth); coined in mathematics for extending curves beyond data points

Projection Estimation Inference
Interpolation Observation Measurement
"India GDP calculations relied on single extrapolation for services sectors, using formal sector data as a proxy for the vast informal economy."

Use in GS-3 answers on statistical methodology, GDP estimation, and data credibility. Demonstrates understanding of how economic data is constructed, not just reported.

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