Taken from Introduction to Econometrics from Stock and Watson, 2003, p. 215: Y=B0 + B1*ln(X) + u ~ A 1% change in X is associated with a change in Y of 0.01*B1 ln(Y)=B0 + B1*X + u ~ A change in X by ...

Consequently, we suggest the simple expedient of using logarithms to the base 2 (log 2) to express serological titration data.

Now that you know what \({\log _a}x\) means, you should know and be able to use the following results, known as the laws of logarithms.

A scientific calculator has two 'log' buttons on it. These are marked log and ln. The log key is used for calculations of the form \({\log _{10}}x\). For example, to work out that \(\log 10000 = 4 ...

Typical algorithms used to compute logarithms are not quick and have a variable execution time depending on the input value. The technique [Ihsan] is using is both fast and has a constant run time.

Logarithms are a common idea today, even though we don’t use them as often as we used to. After all, one of the major uses of logarithms is to simplify computations, and computers do that just ...