Chebyshev nodes are specific points in the interval [-1, 1] that are used in polynomial interpolation to minimize errors. They are defined as the roots of the Chebyshev polynomial of the first kind, and their unique distribution helps in achieving better convergence properties for interpolation methods. By placing interpolation points at these nodes, the oscillatory behavior of polynomial approximations is reduced, making them particularly effective for minimizing Runge's phenomenon.
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