Approximation: Difference between revisions
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An expression in simpler or more rounded terms of a known financial or other measure, sufficiently accurate for a specified purpose. | An expression in simpler or more rounded terms of a known financial or other measure, sufficiently accurate for a specified purpose. | ||
== See also == | == See also == | ||
* [[Extrapolation]] | * [[Extrapolation]] | ||
* [[Interpolation]] | * [[Interpolation]] |
Revision as of 14:22, 6 May 2016
Maths.
1. The use of estimation techniques to provide a rough calculation - sufficiently accurate for the given purpose - of a financial or other measure.
2. An expression in simpler or more rounded terms of a known financial or other measure, sufficiently accurate for a specified purpose.