What does extrapolation mean in regression?
Welcome!
Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.
This question has been flagged
2
Replies
137
Views
Extrapolation in regression means using the model to predict values outside the range of the data that was used to create the model. In simple terms, it's like making a guess about something beyond what you've already observed.
Extrapolation is the process of using the regression model to predict values outside the range of the observed data, which can lead to unreliable predictions.