Newton's Divided Differences is a method for constructing polynomial interpolants of a given set of data points, allowing for efficient computation of coefficients in Newton's interpolating polynomial form. This approach is particularly useful for its recursive nature and its ability to handle unequally spaced data points, making it a versatile tool in numerical analysis.
Newton's Divided Difference Formula is a method for polynomial interpolation that constructs an interpolating polynomial using a recursive division process of differences. It is particularly useful for constructing polynomials when data points are not evenly spaced, and it provides a way to efficiently update the polynomial when new data points are added.