Neatly showing why when all you have is two data points you can't just assume the best fit function for extrapolation is a linear one.
Mind you, a surprisingly large number of political comments is anchored in exactly that logic.
this post was submitted on 21 Mar 2024
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Doubling every three months is an exponential interpolation and not a linear one!
Good point and well spotted!
PS: Though it's not actually called exponential (as it isn't e^nr-3-month-periods^ but rather 2^nr-3-month-periods^ ) but has a different name which I can't recall anymore.
PPS: Found it - it's a "geometric progression".
PPS: Found it - it’s a “geometric progression”.
A terminology that I learned from the Terminator 2 movie. Only that was, I think, a "geometric rate".
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