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We discussed above that the word exponential is sometimes used when it should not be. Imagine that you are presented with a daily time series
We discussed above that the word "exponential" is sometimes used when it should not be. Imagine that you are presented with a daily time series of data named growth, which contains 30 values over a 30-day time period. How would you test whether the data you are given is approximately exponential? In the cell below, we list the data, and then plot it. It is growing really fast -- maybe it is exponential
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