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To: LLCF who wrote (108230)6/12/2001 10:56:11 AM
From: smolejv@gmx.net  Respond to of 436258
 
...so why use log charts?? Cause with a hammer in your hand, you gotta look for nails and forge them into a linear shape. Some useful hints:

a) Dont show original data with the curve - no need to boast.

b) Log data again, if necessary. Eventually they are bound to get linear.

c) Make sure you got more than one point. Two is perfect.

dj

PS: this is very probably unfair - I dont know the original data -. Im just writing down my sad practical experience with flunky graphs.



To: LLCF who wrote (108230)6/12/2001 11:01:03 AM
From: Don Lloyd  Read Replies (1) | Respond to of 436258
 
DAK -

Yea, so why use log charts??

Because a linear chart cannot help but distort anything that has a range of greater than 10:1. It overemphasizes any changes that occurs when the value is high and hides any changes that occurs when the value is low. The log chart provides a constant change in height for a given percentage change, no matter what the actual value is. It is the percentage change which represents real investment results.

Regards, Don



To: LLCF who wrote (108230)6/12/2001 11:38:41 AM
From: Stock Farmer  Respond to of 436258
 
>>Why use log charts?<<

Because they are implying there is some sort of "rate of growth" conclusion to be drawn. The straight(ish) lines would support such a conclusion.

[EDIT: Or maybe because that's the only graph layout they have handy? It's often hard to tell why someone else does something]