Aceticon

joined 3 years ago
[โ€“] Aceticon@lemmy.world 0 points 2 years ago* (last edited 2 years ago) (2 children)

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".

[โ€“] Aceticon@lemmy.world 0 points 2 years ago (4 children)

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.