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Simple English definitions for legal terms
extrapolate
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A quick definition of extrapolate:
Extrapolate: To make a guess about something that is not known, based on what is already known. This can be done by using statistics or by using information from a similar situation. It can also mean to imagine what might happen in the future based on what has happened in the past.
A more thorough explanation:
Definition: To estimate an unknown value or quantity on the basis of the known range, especially by statistical methods. To deduce an unknown legal principle from a known case. To speculate about possible results, based on known facts.
Examples:
- Scientists can extrapolate the future effects of climate change by analyzing current data and trends.
- Lawyers can extrapolate how a court might rule on a new case by examining similar cases in the past.
- Investors can extrapolate the potential profits of a company by analyzing its past financial performance.
The examples illustrate how extrapolation involves using known information to make educated guesses about unknown information. In each example, experts use existing data to make predictions about what might happen in the future or in a new situation.