logarithmic chart

Definition

A chart for which the price scale (usually on the vertical axis) is skewed so that a given distance always represents the same percentage change in price, rather than the same absolute change in price (as is the case for a linear chart). In other words, the distance from 1 to 10 is the same as the distance from 10 to 100 on a logarithmic chart, but the latter distance is ten times greater on a linear chart.

Use logarithmic chart in a sentence

The logarithmic chart was really great and I was glad to have it for me and for everyone else to reference.

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You should try and use a logarithmic chart to break down how well your company has been doing in the recent times.

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The logarithmic chart was the best graphical representation of the data as it would be inefficient to include irrelevant data points on the chart.

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logarithm logistics