Why are logarithmic graphs useful?

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Why are logarithmic graphs useful?

In: Mathematics

7 Answers

Anonymous 0 Comments

They are very good to see growth. Especially in banking if you have something like a stock that is 10 times as valuable now than five years ago a 1% change now is larger than a 9% change then.
With logarithmic scales a 10% drop will be the same size on every magnitude. Try it out with bitcoin over it’s lifetime and you will be able to spot every fast value drop/increase even the ones at 1$

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