Which Is a Mathematical Technique Used to Estimate the Value

question 20

Multiple Choice

Which is a mathematical technique used to estimate the value of a function from known values on either side of the function?

• A)convolution
• B)interpolation
• C)back projection
• D)projection ratio

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Definitions:

Historical Records

Documented events, transactions, or other data from the past, used for reference or analysis.

Demand Frequency

The rate at which goods or services are requested or required by customers.

Expected Demand

The anticipated quantity of a product or service that consumers will purchase in a future period under given conditions.

Monte Carlo Simulation

A computational algorithm that uses repeated random sampling to obtain numerical results, often used to assess risk and uncertainty in business and engineering models.