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For example, a price change from $20 to $40 would be the same change on a log price scale as a price change from $40 to $80, as they both are doubling in price. Is a Log Scale More Accurate?
This post offers reasons for using logarithmic scales, also called log scales, on charts and graphs. It explains when logarithmic graphs with base 2 are preferred to logarithmic graphs with base 10.
"Logarithmic scales are commonly used in other sciences, for example, the decibel scale in sound measurements and the pH scale in chemistry for rating acidity." For now, at least, it seems we're ...
Bending the Curve. Logarithmic scales can emphasize the rate of change in a way that linear scales do not. Italy seems to be slowing the coronavirus infection rate, while the number of cases in ...
Logarithmic price scales tend to show less severe price increases or decreases than linear price scales. For example, if an asset price has collapsed from $100.00 to $10.00, the distance between ...
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