The Key Distinction Between Extrapolation and Interpolation Is That Interpolation

question 33

Multiple Choice

The key distinction between extrapolation and interpolation is that interpolation:

• A) involves causal estimates, while extrapolation involves correlations.
• B) involves linear functional forms, while extrapolation involves non-linear function forms.
• C) fills data gaps, while extrapolation fills beyond the extent of the data.
• D) can be used with control variables, while extrapolation must be used in conjunction with instrumental variables.

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