THERE can be little doubt that much time is lost by students and others who have occasion to make numerical calculations through unfamiliarity with the practical advantages of logarithms. In the ...

Logarithms are fundamental mathematical concepts used extensively in various fields, including science, engineering, and finance. They help us solve complex calculations, and fortunately, most ...

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 ...