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There are two main reasons to use logarithmic scales in charts and graphs. The first is to respond to skewness towards large values; i.e., cases in which one or a few points are much larger than ...
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 ...
Straight-line graphs of logarithmic and exponential functions Watch this video to learn about straight line graphs of logarithmic and exponential functions.
The data look very different when plotted on what is called a logarithmic scale. In a typical graph, values on the (vertical) y-axis are plotted linearly: 1, 2, 3, and so on, or 10, 20, 30, or the ...