What you are probably looking for is fitting experimental data to a model function.
LabVIEW has many fitting algorithms built-in and it depends on the desired function to decide what is best. You can fit to a line, polynomial, or exponential, etc., or you can use levenberg-marquardt for more complex models.
If you want to fit to a single sine function, you could use "Extract single tone".
Tell us a little more about your data.