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S O said...

Look, "trend lines" or not, growth of this nature is exponential. Any "trend line" for exponential growth can only be drawn in a logarithmised graph. The "trend lines" in the graphic here are about as purposeful and correct as a trend circle. The correct geometric shape for a trend in here would be a curve. Hence the use of logarithmic graphs, which make trends visible as lines.

The 2nd graph here shows this nicely:
http://mainlymacro.blogspot.de/2015/03/a-campaign-based-on-ignorance_6.html

You titled the text with a promise to provide better analysis than someone else, but you committed a mistake that would give you a failing grade at a university econ department.

Mar 8, 2015, 2:05:50 PM


Posted to There's Legal Analysis, and then there's REAL Analysis

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