Final answer:
The answer discusses interpolation and extrapolation in estimating income for a person aged 60 years old.
Explanation:
Interpolation is the method of estimating values within a range of known values, while extrapolation is predicting values outside the range based on existing data. In this case, estimating the income for a person aged 60 years old falls under interpolation because the individual's age falls within the known working and retirement years.
Learn more about Interpolation and Extrapolation here:
https://brainly.com/question/40339008
