00:01
So for the following problem, we're going to be looking a lot at log models.
00:05
That's really what this whole section is about.
00:07
So we're going to briefly discuss what a log model is.
00:13
So when we talk about logarithms, we often refer to the natural log, but there's also just the standard log.
00:24
So what we end up seeing here is that our log function is going to look something of the form.
00:35
Y or f of x we'll call f of x is equal to a plus the natural log of x of b times the natural log of x but this can also be b times the log of x doesn't make too much of a difference it just depends on how the the function behaves but what we see is that the easiest way to start off with it is by plugging in x equals 1 because if we have x equals 1 here then we know that this right here is going to be this whole thing is going to be 0 so that gives us f of 1 equals the a value whatever that is so that gives us our a value and then once we have this a value we can plug in some other value let's say 2 or whatever values in a table or a scatter plot whatever we're given and then once we have the 2 in here we already have have our given a value, let's just call it some random value here, 2 .45, then we can solve for it because we know the output, we know the input, we're just trying to find b.
01:49
So if the output was, say, 5 and the input was 2, now we can subtract the 2 .45 over here.
01:59
So this is minus a...