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A linear (arithmetic) price scale is a charting scale used by traders that is plotted with real values spaced equidistant from one another on the vertical y-axis. Each unit change is represented ...
Here's how Jesse Singal explained it over at New York magazine earlier this year: On a linear scale, we know that four is twice as big as two and eight twice as big as four. This is what a casual ...
Previous studies of Westerners showed that people tend to map numbers on a linear scale, with the numerals evenly spaced along the line. But if the numbers are presented as hard-to-count groups of ...
They differ from linear price scales because they display percentage points and not dollar price increases for a stock. Understanding Logarithmic Price Scales The distance between the numbers on ...
The following charts show the number of widgets on a linear and logarithmic scale: The linear scale shows the absolute number of widgets over time while the logarithmic scale shows the rate of ...
It’s not, of course, because the the distance between 10K and 100K increases on a log scale just like the rest of the chart. But most people simply don’t understand that. The linear chart ...