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How to Interpolate in Excel: Estimating Values within Data Ranges

Interpolation is the process of estimating values within the range of available data. It is a fundamental tool in data analysis and visualization, and it can be performed effortlessly in Excel using various techniques.

Unlike extrapolation, which estimates values beyond the available data range, interpolation focuses on providing accurate estimates within the known data boundaries.

We will explore the methods and steps to interpolate in Excel effectively. We will start by discussing the different types of interpolation, and then we will provide step-by-step instructions on how to perform linear and polynomial interpolation. Finally, we will discuss the precision of interpolation and its use cases.

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Creating a Formula Bot in Excel

Creating a Formula Bot within Excel involves setting up a system where users can input specific parameters or queries, and the spreadsheet returns appropriate Excel formulas or performs calculations based on those inputs.

Although Excel does not support traditional bot functionalities like natural language processing, you can develop a sophisticated, interactive tool using a combination of formulas, data validation, and possibly VBA—Visual Basic for Applications—for more advanced features. Below is a comprehensive guide on how to create such a tool.

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