The section Behind the Math: Different Logs shows that logs to different bases are proportional to one
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The section Behind the Math: Different Logs shows that logs to different bases are proportional to one another. For example, loge x = (loge 10) log10 x < 2.303 log10 x. If Sales is the variable response in the example of market pricing in this chapter, then what is the correlation between loge Sales and log10 Sales?
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Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780134497167
3rd Edition
Authors: Robert A. Stine, Dean Foster
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