Magnetic effects caused by dipolar interactions in single-domain magnetic ensembles at finite temperatures are described. A modified superparamagnetic approach based on the mean field theory and random anisotropy model has been developed to describe the magnetization curves of nanoparticle assemblies. The model was used to fit experimental zero-field-cooled and field-cooled magnetization curves in Fe3O4 nanoparticles embedded in paraffin. The fitting parameters were based on structural properties of the materials and the strength of the interactions between nanoparticles. The model provides a quantitative description of the effects of the nanoparticle interaction with good agreement with the experiment. In addition, the model was adapted to describe magnetic properties of a NiFe thin film patterned into a nanodot array, showing potential to be used as a framework to predict magnetic interaction effects in high-density 2D arrays such as bit patterned media.