Yeah—I agree, that was what I was trying to get at. I tried to address (the narrower point) here:
Compounding is multiplicative, so it becomes “natural” (in some sense) to transform everything by taking logs.
But I agree giving some examples of where it doesn’t apply would probably have been helpful to demonstrate when it is useful
Yeah—I agree, that was what I was trying to get at. I tried to address (the narrower point) here:
But I agree giving some examples of where it doesn’t apply would probably have been helpful to demonstrate when it is useful