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OT: Converting y = Ae^bx to base 10 - How does Excel calculate b ???
Posted By: leobueno In Response To: OT: Converting y = Ae^bx to base 10 - How does Excel calculate b ??? (Sam Pottle)
Date: Monday, 30 January 2012, at 1:44 p.m.
Sam said: "c isn't 0.1, 10^c is 1.1."
I am trying to go from the Excel b exponent to the growth rate, call it g, which in the example equaled 10% (where Excel's b was 0.09531).
So now I need to find the relationship between c and g (so I can get the conversion from b the Excel exponent to g the growth rate).
If 10^c = 1.1 then letting g be the growth rate, does this follow?
10^c = 1.1 = 1+g
cLOG(10) = LOG(1+g) (where LOG is the base 10 log)
c = LOG(1+g) = bLOG(e)
1+g = 10^bLOG(e)
g = [10^bLOG(e)]-1 (where LOG(e) is a constant, roughly 0.4343)
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