What is the meaning of interpolation?

interpolation is the mathematical process of obtaining an unknown number that has a value between two known numbers in a series of numbers. For example, if the yields or prices for 2, 3, and 5-year Treasury notes are known, a yield or price for 4-year Treasury notes can be extrapolated or interpolated. Interpolated values are not always correct, but they are usually close enough for most users.

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APABarry Goldsmith. (2010). interpolation. Retrieved September 20, 2026, from http://smartdefine.org/interpolation/definitions/1156426
ChicagoBarry Goldsmith. 2010. "interpolation" http://smartdefine.org/interpolation/definitions/1156426 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, interpolation, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/interpolation/definitions/1156426>.
MLABarry Goldsmith. "interpolation" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/interpolation/definitions/1156426>
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