OMG adamdea, I was thinking about this last night in bed (as you do when you can't sleep) and your explanation just elaborates a bit on the conclusion I came to, and explains the summing aspect of the formula. Thank you very much. I can now visualise how it works (not very good at abstract concepts, I'm more a visualising guy).Ok. Others who understand this better than I do have already answered better than I can , but I will have a go myself, because I think I may have an idea where this is confusing, and also I have an idea how to loop this back to your original question. Anyway, those who are better qualified than I am will no doubt cringe at the impecision and inaccuracy of what follows, but it is my best shot.
Ok- to answer your question, not exactly. The left hand side of the equation simply means "any continuous-time function" (e.g. here an "analogue" continuous voltage changing over time (like on an oscilloscope). Now the right hand side means...... will be equal to the sum (that's the big E -actually a capital sigma) of each of the time-spaced values of that function (i.e. the sample values or the voltages measured at each sampling instant) with the sinc function applied to that sample value.
So the answer to your question is that each sample is inserted into the sinc function on the right hand side one at a time in order to recreate the left hand side (ie x(t)) from a discrete set of sample values of x(t) (those samples are numbered 0 to K in the equation). and don;t forget that having fed each of the K samples into the function one at a time, the results are then added up (that's what the Sigma means) to get back to x(t).
So back to the equation each of those samples (i.e. values of x(t) at the sampling instant) will now generate a scaled sinc function; and each of those sinc functions is a continuous function in time -each one being scaled and time shifted. (the central lobe is at the time of the sample in question. This is as explained by @John Phillips the beauty is that as he points out each such sinc function has a max at its own sample time, but is zero at the other sample instants. So when you add them up they don't "interfere" at the sampling instants. But of course what we are really interested in is the way it enables us to calculate the values in between the sample times (i.e. between the dots) when each of the sinc functions from each of the sample values will contribute .
However this is a little bit confusing because whilst it is dealing with sampling (like digital music which is just a set of sample values representing a voltage/time relationship) it assumes that the sinc function is continuous i.e. "analogue" and actually as @Jim Audiomisc points out, that both the sinc function and the set of samples starts at the beginning of the universe and ends at the end of the universe.
In practice we can only have a limited time in which to take into account samples (like the mere 65 samples shown in the picture) and we are not going to calculate the whole sinc function for each sample. But also
last thing- the sinc function is in fact just another way of saying a perfect "brick wall filter" which lets through all the frequencies up to one point and completely cuts out all the frequencies above that point.*
No such analogue filter exists so instead we do the filtering mathematically ie by approximately calculating the sinc function . And we don't do it by calculating the whole sinc function for each sample- we use a digital filter which calculates the values at other sampling instants (i.e. we fill in more dots in figure 7.3). When we talk about filter taps we are actually referring to a digital filter - one which does not calculate the whole sinc function but only its value at further sample times (i.e. more dots) in between the time of the original samples we had. And it does so by calculating those values not from all the (infinite number of) sample values but from a number of values equal to the number of filter taps.
So recap at that stage we are not drawing the line in figure 7.3b we are just filling in more dots. Equally we don; t have to calculate the whole sinc function for each sample value because we don’t have to calculate all of its influence on every point in time, only at the times in the new sample instants (dots) which we are calculating.
Let’s assume for now that the filter is a sinc function but with 64 taps (it’s a time windowed sinc function) . Then what the filter does is to calculate the sample values as at the points (in time) between each existing sample: to do so for new sample, you add up the value at that time of the sinc function of each of the 32 samples before that time and the 32 samples after that time.
So each new sample value generated by the filter (a new sample value between the existing samples) is therefore the sum of 64 numbers (some positive some negative) generated from the preceding and succeeding 32 samples.
2 things to note - 1) we now have more sample values than before (like having 129 dots or so in fig 7.3b) - we have to, otherwise the digital interpolation filter can’t work. We have upsampled/oversampled.
2) we are still in the sampled time domain not the continuous time domain and at some point we need to apply an analogue filter to turn this into continuous time i.e. interpolate all the continuous values between the samples. The more we upsample/oversample first, the easier this is because the dots get closer.
*TBH this explains this all much better than I have https://lavryengineering.com/pdfs/lavry-sampling-theory.pdf
Will have a read of the lavryengineering paper later.
There are quite a few obviously very able contributors to this thread so it's a bit daunting for an acolyte to expound a view which could likely be quite wrong.