One Reason for Computing the Logarithms (Ln), or Changes in Logarithms

question 15

Multiple Choice

One reason for computing the logarithms (ln) , or changes in logarithms, of economic time series is that

• A)numbers often get very large.
• B)economic variables are hardly ever negative.
• C)they often exhibit growth that is approximately exponential.
• D)natural logarithms are easier to work with than base 10 logarithms.

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Definitions:

Posterior

Pertaining to or situated at the back of an organism or body part.

Genetic Map

A genetic map is a representation of the order and approximate distances between genes or other DNA sequences on a chromosome, valuable for understanding genetic linkage and inheritance patterns.

Dominant Gene

An allele that expresses its phenotypic effect even when heterozygous with a recessive allele, determining the characteristic it codes for.

Recessive Gene

A gene that must be present on both chromosomes in a pair to express a recessive trait, unlike a dominant gene where only one is necessary for the trait to be expressed.