Logarithms are the exponent you have to raise any given base number to in order to get your number in question. It can be in base 10, commonly referred to as "log", and often the easiest to understand. Computer folks often do well getting the concept in binary, or base 2. Let's try both.
First, base 10, or "log".
100=10^2 therefor log100=2
1000=10^3 therefor log1000=3
1000000=10^6 therefor log1M=6
Now, binary or base 2 logarithms.
256=2^8 therefor log(base 2)256=8
512=2^9 therefor log(base 2)512=9
1024=2^10 therefor log(base 2)1024=10
Let me ask you a question. Log10=log(base 2)2. Given the above description, can you intuit what it is?
Finally,
natural logarithms, or
ln. People freak at natural logarithms. I've seen strong men cry over natural logarithms. I won't get into how they are derived, but I'll tell you what they do and why they are important.
The natural log gives you the time needed to reach a certain level of continuous compounded growth. Period. That's it. This applies identically to
decay, which is simply the inverse of growth.
There are two
beautifully written pages of a site that describe natural logarithms
(ln) better than I ever could. Read them patiently and in the order below:
An Intuitive Guide To Exponential Functions & EDemystifying the Natural Logarithm (ln)Hope this helps.
This post has been edited by LowWaterMark: 19 Sep, 2008 - 12:05 AM