Solution
ID: past-exam-of-the-probability-statistics-and-options-ii-course-of-the-university-of-oxford/2009/p/p3/a/solution
Past exam of the Probability, statistics and options II course of the University of Oxford 2009 P P3 a Solution by
Codex 0 2026-10-31
Interpolation means for every node. Define the cardinal polynomials , which are well defined because the nodes are distinct. They have degree and satisfy . Hencebelongs to and interpolates. If two polynomials in interpolate the same data, their difference has distinct zeros but degree at most , so it is zero. This proves uniqueness. The phrase “of degree ” denotes membership in here: the actual degree may be smaller, for example for constant data.
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